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Midday movers: GrubHub, Amgen, Disney & more

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

Grubhub the online food delivery company, IMS Health a healthcare information company, Five9 a cloud based software provider for call centers, and Opower a provider of cloud based software to the utility industry, all saw successful market debuts.

Amgen fell after the pharmaceutical's melanoma drug failed to improve overall survival rates.

Disney moved higher after BofA/Merrill Lynch raised its price target on the media conglomerate to $94, thanks to the latest success of its animated feature "Frozen."

Deckers Outdoor gained amid rumors the company was a takeover target of VF Corp. But analysts told CNBC that the rumor is just chatter among traders and a deal is not likely to happen.

Blackstone Group rose amid reports the company reached a deal to acquire auto parts maker Gates Global for about $5.4 billion. The deal could be announced later Friday.

Priceline, Netflix, Amazon, Facebook and Tesla were all sharply lower as investors continue to sell momentum stocks.

Halozyme plummeted after the company said it was temporarily halting a mid-stage trial of its pancreatic cancer drug for safety reasons.

Mylan moved off its pre-market highs after Swedish drug maker Meda rejected its takeover offer.

Fannie Mae and Freddie Mac both lost ground after James Lockhart, the former regulator of the two GSE's, told Reuters that investors are making "worthless" bets buying their shares.

Madison Square Garden rose after the company confirmed it sold Fuse TV to NuvoTv for $226 million. Actress Jennifer Lopez is backing NuvoTV.

Coal stocks Peabody Energy, Alpha Natural Resources, Walter Energy, and Consolidated Energy all moved higher after BHP Billiton executive in charge of its coal division said he expects world demand for coal to increase for decades to come. In addition, Cowen upgraded Peabody to "outperform" from "market perform."

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's Senior 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.