Market Insider

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)

Hitting the Target?

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.

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—By CNBC's Kate Gibson.

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