Stocks making the biggest moves midday: United Airlines, Apple, Fastly and more

Stocks making the biggest moves midday: United Airlines, Apple, Fastly and more

Here are the stocks making headlines in midday trading.United Airlines – Shares of the major U.S. airline tumbled 6.4% after the company posted a $1.9 billion loss for the fourth quarter. United suffered its fourthly quarterly loss in a row and warned that sales would continue to suffer in the early part of 2021 as the pandemic drags on. CEO Scott Kirby said a "critical mass" of people need to be vaccinated before there's a recovery.SolarEdge – The smart energy technology company gained more than 5% after Morgan Stanley initiated coverage on the stock with an overweight rating. In a note titled "The Sun Keeps on Shining," the firm said SolarEdge should continue to gain market share in a "fast growing space."Apple – The tech giant jumped more than 3%, bringing its week-to-date rally to more than 7%, after top analyst Katy Huberty from Morgan Stanley said she expects a record December quarter earnings report. The analyst said the bank's channel examination of Apple's portfolio of products and services, driven by 5G adoption and the working from home trend.Fastly – Shares of the cloud computing services provider jumped more than 9% after Oppenheimer upgraded the stock to outperform from perform. The