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Check out the companies making headlines in midday trading.
Pinterest — Shares of the social media company rallied more than 9% following a Bloomberg News report that said PayPal may acquire Pinterest. PayPal shares fell 4.9%.
Sonos — Shares of the smart home sound system manufacturer jumped 1.6% after David Einhorn's Greenlight Capital said it increased its bet on the company, calling Sonos a «bright growth story.» In a letter to investors obtained by CNBC, the hedge fund manager revealed that his firm expanded what was a small position in Sonos «to a size that makes it worthwhile to discuss.»
Ford – Shares of the automaker jumped 3.6% after Credit Suisse upgraded the stock to outperform from neutral. «In the past year,
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