Shoppers shop at AT&T in the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania.
Mark Makela | Getty Images
Check out the companies making the biggest moves midday:
News Corp, Fox — News Corp rallied 5.4%, while Fox news gained more than 2%, after Rupert Murdoch called off plans to merge the two companies.
AT&T — The telecommunications giant rallied 5.4% after reporting more wireless subscribers than expected for the fourth quarter.
Boeing— The air carrier fell slightly after reporting a loss for the fourth quarter and revenue that missed expectations, citing labor and supply strains that overshadowed an increase in jet demand.
Sunrun — The solar company dropped 8.6% after being downgraded to equal weight from overweight by Barclays, which cited a potential slowdown in solar demand. SunPower, downgraded to underweight from equal weight, was down more than 2%.
Alphabet — Shares shed 3.3% in midday trading, a day after the Justice Department filed a second…
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