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Midday movers: Coach, Renren, Apple & more

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

Archer Daniels Midland - Shares fell nearly 3 percent after Australia blocked its takeover bid for GrainCorp, with the country acquiescing to concerns from grain producers.

Renren - Shares declined after the Chinese social-media company reported its first year-on-year revenue drop since going public, with Morgan Stanley cutting its price target on its shares from $3.10 to $2.70.

Amazon and eBay both gained, with the online retailers rising on hopes for the holiday shopping weekend.

(Read more: Black Friday Live: Macy's mobbed, slower elsewhere)

Best Buy and Coach climbed on signals of a strong start to Black Friday.

Apple - Shares rose in the wake of a report that had the company accounting for three quarters of all smartphones sales in Japan last month.

(Read more: See CNBC's Market Insider blog)

—By CNBC's Kate Gibson.

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

  • Patti Domm

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

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • CNBC Senior Commodities Correspondent and Personal Finance Correspondent

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

  • Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Producer at CNBC's Breaking News Desk.