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Take a look at some of Friday's midday movers:
Facebook traded lower once again. The company is on track to post the biggest 2 week loss of any IPO since 1995. It is down nearly 28 percent from its IPO price of $38 a share.
Quest Software fell after a reuters report said Dell broke off negotiations to buy the company.
Teva Pharmaceuticals came off its lows after the company said its chairman, Philip Frost, purchased 1 million shares Wednesday at prices ranging from $37.82 to $39.57. Teva has a market value of about $38 billion.
Human Genome fell after it rejected GlaxoSmithKline’s unsolicited $13 a share bid, calling the offer inadequate and not in the best interest of its shareholders.
Amylin jumped after first round bids for the company came in over $25 a share.
General Motors turned higher after it announced new pension plan actions. It is offering 42,000 salaried retirees a lump-sum payment. As a result it expects to reduce its pension obligations by $26 billion. Earlier, GM had lost ground after reporting disappointing auto sales for May. Ford Motor, meanwhile, was lower after reporting mixed results.
Credit-card companies taking a hit after the weak jobs report. MasterCard; Visa; Discover Financial Services; Capitol One, and American Express all moved to the downside.
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