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Check out the companies making the biggest moves midday:
Ford — Shares of the automaker fell 5.1% after the company said prices on its electric F-150 Lightning pickups would fall as much as $10,000. All versions of the EV will get price cuts of at least $6,000 as Ford works to boost production this fall. Rivian shares fell about 3%.
Tesla — Elon Musk's electric vehicle company rose 1.9% in midday trading after building its first Cybertruck over the weekend following multiple delays.
Black Knight — The stock popped 13.8% after the mortgage-data vendor announced it will sell its Optimal Blue business to a subsidiary of Constellation Software for $700 million, paving the way for its acquisition by Intercontinental Exchange.
AT&T — The telecom stock lost more than 5.8%, building on Friday's losses, after Citi downgraded it to neutral. The bank cited uncertainty related to its historical use of lead-sheathed cables.
BridgeBio Pharma — Shares surged 80% following the company's announcement that its heart disease drug showed a «highly statistically significant improvement» in patients during a Phase 3 study.
Activision Blizzard — The video game maker added about 3.2% after Microsoft and Sony stuck a deal to keep its «Call of Duty» game on Sony's PlayStation consoles following Microsoft's acquisition of Activision Blizzard.
Paramount Global — The entertainment company's stock shed 4.4% after the new «Mission: Impossible» movie underperformed expectations at the box office. The latest installment in the franchise earned $56.2 million domestically over the weekend — which was below the previous movie in the franchise — and $80 million over its first five days of release, according to Variety.
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