Midday Movers: FB, AAPL, MCD & More
Take a look at some of Friday's midday movers:
Facebook rose after Topeka Capital repeated its "buy" rating and $36 price target on the stock.
(Read More: Stocks With the Potential to Drop)
Apple CEO Tim Cook apologized to customers frustrated with its new maps service.
McDonald's lost ground after Janney Capital downgraded the stock, saying it will have a tough time matching up to last year’s sales figures.
Qualcomm moved lower after UBS removed the stock from its U.S. Key Call list, citing near term concerns related to iPhone 5 shipments.
Tesla Motors gained ground after it priced its secondary offering of 6.9 million shares at $28.25 a share.
Bank of America lost ground after the financial giant said it will pay $2.43 billion to settle a class action lawsuitwith investors who held its stock when it announced plans to purchase Merrill Lynch.
United Technologies slid after Oppenheimer downgraded the stock to "perform" and removed its $87 price target.
Adtran fell after it lowered its third-quarter earnings.
Yum Brands moved lower in reaction to Nike’s results in China. Yum's China division has produced the company's greatest growth and profitability in the last few years.
Questcor moved higher after the company initiated a quarterly dividend of 20 cents a share and increased its stock buyback to 7 million shares from 3.2 million.
AZZ Incorporated surged after the electrical and industrial products maker posted strong earnings and also raised its full-year guidance.
Crown Castle lost ground after the company agreed to acquire 7,200 T-Mobile towers for $2.4 billion
RadioShack gained after the company secured a five year $100 million loan from Wells Fargo with an 11% interest rate.
(Read More: CNBC's Market Insider Blog)
—By CNBC's Rich Fisherman.
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