Take a look at some of Monday's midday movers:
Family Dollar dropped following news that its competitor, Dollar General was going to sell tobacco products. Sales of cigarettes and alcohol have been driving earnings at Family Dollar according to CNBC contributor Stacey Widlitz.
Red Hat was hurt by a downgrade to "market perform" from "outperform" at Raymond James.
Short-covering bounce? Apollo Group surged following the for-profit education company's second-quarter earnings report that showed net profits fell 79 percent on declining enrollment.
—By CNBC's Lori Spechler
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