Stocks making the biggest moves midday: Broadcom, Arm, Strategy, Chipotle, Quantinuum & more

These are the companies making headlines in midday trading. Quantinuum — Shares dropped more than 8%. Quantinuum debuted on the Nasdaq Thursday to a lukewarm reception , closing flat on the day. Friday's decline brought the stock below its IPO price of $60 per share . A slate of quantum computing stocks slid alongside it, with Rigetti Computing falling 13% and D-Wave Quantum slumping nearly 12%. Consumer staples, healthcare — The sectors were bright spots in Friday's sell-off as investors shunned tech names for defensive corners of the market. Consumer staples were last up 2%, as Colgate-Palmolive, Coca-Cola and Procter & Gamble jumped more than 3%. The healthcare sector advanced 1.7%, with Insulet trading nearly 5% higher and Eli Lilly gaining almost 3%. FedEx Freight Holding Company — Shares popped more than 8% as the FedEx spin-off headed for a winning week. FedEx Freight, which focuses on the less-than-truckload industry, began trading on the New York Stock Exchange on June 1 . The stock is on track for a 6% gain on the week. Lululemon Athletica — Shares sank 9% after the athleisure company lowered its full-year earnings and revenue guidance , citing headwinds. The company's current-quarter earnings and revenue guidance also came below what analysts were expecting, per LSEG. Docusign — The software stock slipped 6% after Docusign's outlook failed to impress the Street. …