Check out the companies making headlines in midday trading Friday.
Appleafter protests occurred at the iPhone maker’s major Foxconn supplier in China earlier this week. Analysts and investors have also feared that recent manufacturing shutdowns in the country following a Covid-19 resurgence could dent supply this holiday season.
Canooafter a Securities and Exchange Commission filing revealed that CEO Tony Aquila purchased shares. He purchased more than 9 million shares at $1.11 apiece on Nov. 21, valued at about $10 million. Half of those shares were purchased directly, while AFV Partners, Aquila’s firm, bought the other half.
— CNBC’s Alex Harring, Jesse Pound, Yun Li and Darla Mercado contributed reporting