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Midday Movers: BA, GE, UPS & More

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

Boeing - Boeing tumbled sharply to lead the Dow laggards, suffering its worst one-day drop in nearly two years, after Britain's Heathrow Airport said it had closed both its runways after a fire aboard an Ethiopian 787 Dreamliner. Earlier, the stock hit an all-time high at $108.15 a share.

Other major industrial companies including General Electric also declined.

UPS - The package delivery company tumbled after the company estimated second-quarter profit below analysts' expectations, hurt by overcapacity in the global air freight market and a slowing U.S. industrial economy. Rival FedEx also declined.

Athenahealth - The healthcare technology company surged after it struck a deal with Ascension Health Alliance to provide the health-care system with its Internet-based software for physicians. Analysts said the deal boosts Athenahealth's 2014 growth outlook. Shares shot up more than 15 percent.

Wendy's - BMO upgraded its rating on the fast-food chain to "outperform," saying it views the company "as a potential long-tailed sales growth and margin expansion turnaround story that could lead to a deleveraging balance sheet and accelerating earnings growth over a multi-year period." Shares soared more than 6 percent.

—By CNBC's JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)

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

Symbol
Price
 
Change
%Change
BA
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FDX
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UPS
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GE
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ATHN
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WEN
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  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

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