Check out the biggest movers as of midday: Inspire Medical Systems, ResMed — Inspire Medical Systems and ResMed, which make devices to treat obstructive sleep apnea, fell 16.72% and 11.48%, respectively, following news Friday that Eli Lilly’s weight-loss drug tirzepatide reduced the severity of the condition. Eli Lilly also said it had applied for approval of the drug to treat sleep apnea with the Food and Drug Administration. Eli Lilly shares rose 0.7%. RXO — Shares rose 22.96% after the shipping company announced it had inked a deal to acquire Coyote Logistics from UPS for more than $1 billion. UPS was up 1.5%.Alnylam Pharmaceuticals — The clinical-stage drug company saw its shares soar 34.52% after a Phase 3 study found that its drug butrisiran statistically significantly reduced deaths and cardiovascular events in patients with ATTR amyloidosis with cardiomyopathy. NVIDIA — Shares fell 6.68%. NVIDIA’s latest decline follows a 4% drop last week that ended an eight-week streak of gains. The artificial intelligence darling briefly overtook Microsoft last week to become the most valuable company in the U.S. Affirm — The stock surged 12.82% after Goldman Sachs added coverage to the company with a buy recommendation. Analyst Will Nance said the company’s strong fundamentals, including a differentiated credit underwriting approach, have driven its growth. Cinemark — The movie theater chain’s shares rose more than 6.52%.Ross MKM upgraded Cinemark to Buy from Neutral, saying headwinds should soon turn into “very attractive tailwinds.” The firm also noted “significant improvement in box office revenue.” Anheuser-Busch InBev — The brewer’s shares rose 2.9% after UBS upgraded the stock to Buy from Neutral. The bank noted that Anheuser-Busch is “on the brink of achieving an ideal consumer staples growth profile,” citing inflection points in growth, margins and cash returns. IBM — The stock surged 1.48% after Goldman Sachs initiated coverage with a buy rating and a $200 price target. That represents a 16% increase from Friday’s closing price. The firm said the veteran technology company is on track to sustain long-term revenue and free cash flow growth, driven by growth in its AI products and services, growing consulting market share and growing its core software portfolio.Ryder Systems — Shares of the transportation company rose 3.39% after Morgan Stanley initiated coverage with an overweight rating. The firm cited an inflection point in the business cycle, regulatory changes and long-term outsourcing tailwinds as catalysts. Carrier Global — Heating and ventilation shares rose 2.78% after Citi upgraded it to buy from neutral. Citi said the company can become an alternative pure HVAC provider and that multiples could improve after the completion of its business transformation plan. Planet Fitness — The fitness club franchise rose 0.4% after TD Cowen upgraded it to buy from hold. The firm also named Planet Fitness a top pick and said the stock is an early recovery stock. Ferrari — Shares of the luxury automaker rose 1.7% after UBS raised its price target to $478 from $448, suggesting a 15% upside from Friday’s closing price. Ferrari unveiled a new factory for electric vehicles last week. ENERGY STOCK – Energy stocks continued to rally as crude oil futures surged early in the last week of June. West Texas Intermediate futures and Brent are both forecast to rise more than 5% for the month. SLB, APA and Baker Hughes rose 3.99%, 4.45% and 4.49%, respectively, on Monday. — CNBC’s Lisa Han, Jesse Pound, Alex Harring, Sean Conlon and Samantha Sabin contributed reporting.
RMD, AFRM, NVDA, BUD, etc.
Services
© 2026 Business Investopedia. All Rights Reserved.