Here are the stocks posting the biggest moves in midday trading.
Apple — The second-largest public company in the U.S. dropped nearly 4% Tuesday, leading the S&P 500 lower, after Nikkei Asia said Apple has suffered “setbacks in the engineering test phase” for its planned foldable version of the iPhone that could hurt mass production and product shipments. Bloomberg News, however, cited people familiar with the matter saying the foldable model was on track for release later this year.
Universal Music Group — U.S. shares of the recorded music distributor surged almost 13% after hedge fund investor Bill Ackman’s Pershing Square Capital Management on Tuesday offered to buy Universal in a cash and stock deal worth about 55.8 billion euros ($64.4 billion).
Source: https://www.cnbc.com/2026/04/07/stocks-making-the-biggest-moves-midday-aapl-arm-avgo-unh.html