Stocks making the biggest moves midday: Ford, AT&T, Yelp, Figs and more

Check retired the companies making the biggest moves midday:

Ford — Shares of the automaker fell 5.1% aft the institution said prices connected its electrical F-150 Lightning pickups would fall arsenic overmuch arsenic $10,000. All versions of the EV volition get terms cuts of astatine slightest $6,000 arsenic Ford works to boost accumulation this fall. Rivian shares fell astir 3%.

Tesla — Elon Musk's electrical conveyance institution roseate 1.9% successful midday trading aft building its archetypal Cybertruck implicit the play pursuing aggregate delays.

Black Knight — The banal popped 13.8% aft the mortgage-data vendor announced it volition merchantability its Optimal Blue business to a subsidiary of Constellation Software for $700 million, paving the mode for its acquisition by Intercontinental Exchange.

AT&T — The telecom banal mislaid much than 5.8%, gathering connected Friday's losses, aft Citi downgraded it to neutral. The slope cited uncertainty related to its humanities usage of lead-sheathed cables.

BridgeBio Pharma — Shares surged 80% pursuing the company's announcement that its bosom illness cause showed a "highly statistically important improvement" successful patients during a Phase 3 study.

Activision Blizzard — The video crippled shaper added astir 3.2% aft Microsoft and Sony stuck a deal to support its "Call of Duty" crippled connected Sony's PlayStation consoles pursuing Microsoft's acquisition of Activision Blizzard.

Paramount Global — The amusement company's banal shed 4.4% aft the caller "Mission: Impossible" movie underperformed expectations astatine the container office. The latest installment successful the franchise earned $56.2 cardinal domestically implicit the play — which was beneath the erstwhile movie successful the franchise — and $80 cardinal implicit its archetypal 5 days of release, according to Variety.

Apellis Pharmaceuticals — Shares sank astir 21.4% aft the American Society of Retina Specialists said there person been reports of intraocular inflammation pursuing the medication of Apellis Pharmaceuticals' Syfovre, including six cases of occlusive retinal vasculitis.

Yelp — The integer advertizing banal gained 10.7% aft Goldman Sachs upgraded it to bargain from neutral. The steadfast said the company's risk-reward skew has turned much positive.

Progressive — Shares gained 4.6% aft being upgraded to overweight from neutral by JPMorgan. The Wall Street steadfast said Progressive's valuation is present compelling aft its poor results successful June, and said the institution has semipermanent net powerfulness and maturation potential.

Yeti — The cooler company's banal fell 5.8% pursuing a downgrade to underweight from assemblage value by KeyBanc. The Wall Street steadfast cited concerns implicit Yeti's maturation and its dense wholesale transmission inventory.

State Street — The plus manager slipped much than 3.1% aft the steadfast was downgraded by aggregate Wall Street shops, including JPMorgan. State Street's second-quarter net study connected Friday showed a driblet of astir 10% successful nett involvement income compared to the archetypal quarter.

Figs — The apparel retailer dropped 2.4% aft being downgraded by Raymond James to marketplace execute from outperform. The steadfast said a slowing system and the restart of pupil indebtedness payments could wounded Figs' maturation successful the adjacent term.

Crypto stocks — Several crypto mining stocks were higher aft the bitcoin hash complaint hit an all-time high past week contempt seasonally higher U.S. powerfulness prices. Cantor besides lifted its terms people connected mining stocks successful its sum beingness pursuing Ripple's partial tribunal triumph Thursday — including CleanSpark, which was up 4.6% Monday, arsenic good arsenic Iris Energy— which gained 3.4%.

—CNBC's Samantha Subin, Alex Harring, Tanaya Macheel and Brian Evans contributed reporting.