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Midday Movers: BA, MSFT, GILD & More

Monday, 12 Nov 2012 | 12:42 PM ET

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

Boeing gained after the aerospace company said it has increased the production rate of its plane, the Dreamliner 787.

Microsoft slid after the software giant's CEO was quoted in a French newspaper as saying sales of its new tablet called, Surface were "modest."

Gilead Sciences soared following some positive new data on its next-generation treatment for Hepatitis C.

Clovis Oncology tanked after the company suspended a pancreatic cancer drug study.

Saks declined after a Deutsche Bank analyst noted that the department-store chain may have been hard hit by Superstorm Sandy because of its high concentration of sales in the impacted region.

Hewlett-Packard hit a new 52-week low after Barclay's cut its price target on the tech giant to $14 from $16 and rated the stock with an "equal weight" rating.

And even James Bond couldn't help. Sony hit a new 52-week low, after Moody's downgraded its debt last Friday. Sony's movie studio released the latest Bond blockbuster, "Skyfall."

(Read More: See CNBC's Market Insider Blog)

—By CNBC's Lori Spechler.

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

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