Check out the companies making headlines in midday trading Friday.
Appleafter protests occurred at the iPhone maker’s major Foxconn supplier in China earlier this week. Analysts and investors have also feared that recent manufacturing shutdowns in the country following a Covid-19 resurgence could dent supply this holiday season.
Activision BlizzardMicrosoft‘s $69 billion acquisition of Activision Blizzard.
Manchester Unitedsoccer team’s owners are weighing a potential sale.
Coupa SoftwareBloomberg reported that Vista Equity Partners is exploring an acquisition of Coupa.
Canooafter a Securities and Exchange Commission filing revealed that CEO Tony Aquila purchased shares. He purchased more than 9 million shares at $1.11 apiece on Nov. 21, valued at about $10 million. Half of those shares were purchased directly, while AFV Partners, Aquila’s firm, bought the other half.
Grindrwas its first day under the new ticker post-SPAC. It’s now more than 40% from where it debuted and over 85% from the high seen in the initial rally.
— CNBC’s Alex Harring, Jesse Pound, Yun Li and Darla Mercado contributed reporting