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Midday Movers: MSFT, IBM, AAPL & More

Monday, 29 Apr 2013 | 1:25 PM ET

Take a look at some of Monday's midday movers:

Tech stocks led the market higher including gains in Microsoft and IBM.

Apple surged amid continued chatter about a possible debt offering.

Deutsche Bank sank after the financial company announced a plan to raise capital in order to strengthen its balance sheet.

Sina soared after news that Chinese e-commerce company Alibaba had invested $568 million for an approximate 18 percent stake in the company.

Moody's hit a 52-week high following Friday's news that it had settled a lawsuit related to risky debt vehicles.

Hospital stocks including Tenet Healthcare surged on confidence that reimbursement rates may be higher than first expected in President Obama's health care overhaul.

Biogen, Altria and Johnson & Johnson were among notable companies hitting new historic highs.

—By CNBC's Lori Spechler

Questions? Comments? Email us at marketinsider@cnbc.com

  Price   Change %Change
MSFT
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IBM
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AAPL
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DBK
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SINA
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MCO
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THC
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BIIB
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MO
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JNJ
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    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

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