Check out the companies making headlines in midday trading: Rigetti Computing – Quantum computing stock rose 11%, adding to the sector's strong year-end rally. Rigetti shares are now up 1,674% on the year. KULR Technology Group – Shares fell 2%, reversing gains seen in the previous session. On Thursday, the stock rose more than 40% after the space technology company said it had purchased 217.18 bitcoins, worth about $21 million. It was the company's first purchase since it announced a new Bitcoin treasury initiative on December 4, when Bitcoin surpassed $100,000 for the first time. Honda – The automaker added 1%, extending its gains after it announced earlier this week that it had officially begun merger talks with fellow Japanese automaker Nissan. That brought Honda's week-to-date gains to 20.7%, putting the stock on track for its best week since 1988. Amedisys, UnitedHealth – Amedisys shares rose 5%, while UnitedHealth stock fell slightly after the companies went into New agreement. The waiver agreement has been disclosed. This new agreement extends the deadline for closing the $3.3 billion merger. MicroStrategy – Cryptocurrency-related stock fell 3%. It was previously trading higher early Friday morning as Bitcoin rose above $96,000. Red Cat Holdings – Drone stock down 9%. It was previously trading high on Friday morning, adding to its massive year-to-date rise of 1,275%. Red Cat shares rose in December after drone sightings in the Northeast reignited Wall Street's interest in the sector. SOUTH KOREA STOCKS – U.S.-listed South Korean stocks fell on Friday after lawmakers impeached acting President Han Dak-soo, ousting the country's second head of state since a short-lived military decree earlier this month. The iShares MSCI Korea ETF (EWY) fell 1%. Shares of US-listed Korea Electric Power and Coupang fell 2%, while shares of Posco Holdings and KT Corporation fell marginally. — CNBC's Sean Conlon and Alex Haring contributed reporting.
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