Apple Inc.Jefferies downgraded Apple to underperform, citing canceled all-glass iPhone plans.
Several stocks made significant midday moves on Monday. MarineMax soared 46% after agreeing to be sold to Blackstone Infrastructure's Safe Harbor Marinas for $53 a share in cash, or $1.5 billion, with the deal expected to close by the end of 2026. Varex Imaging climbed 48% after Teledyne Technologies agreed to buy the imaging component maker for $18.90 a share in cash, a deal expected to close in early 2027. Sionna Therapeutics collapsed 92% after its cystic fibrosis drug failed to meet key endpoints in a proof-of-concept trial, and the company said it would not advance the drug. Other notable movers included NetApp, which gained 6% after Morgan Stanley upgraded it to equal weight from underweight, and Verisk Analytics, which tumbled more than 5% after a Delaware judge ruled it must proceed with a $2.35 billion acquisition of AccuLynx. Apple dipped 2% after Jefferies downgraded the stock to underperform from hold, citing canceled plans for an all-glass iPhone. Intel fell nearly 3% after announcing a $15 billion common stock offering for general corporate purposes.
Apple Inc.Jefferies downgraded Apple to underperform, citing canceled all-glass iPhone plans.
Coherent Inc
Doximity Inc
Hewlett Packard Enterprise Co
Lumentum Holdings Inc
MarineMax IncMarineMax agreed to be acquired by Blackstone's Safe Harbor Marinas for $53 per share in cash.
eBay Inc
GameStop Corp.
Sionna Therapeutics, Inc. Common StockSionna's cystic fibrosis drug failed key endpoints in a proof-of-concept trial, and the company will not advance it.
Varex Imaging CorpVarex Imaging to be acquired by Teledyne at a 48% premium, providing immediate cash value to shareholders.
Abcellera Biologics Inc
Intel CorporationIntel announced a $15 billion common stock offering for general corporate purposes.
NetApp IncMorgan Stanley upgraded NetApp to equal weight from underweight.
Verisk Analytics IncDelaware judge rules Verisk must proceed with its $2.35 billion acquisition of AccuLynx, a legal setback.
Teledyne Technologies IncorporatedTeledyne agrees to acquire Varex Imaging for $18.90 per share in cash, expanding its imaging business.
Archer Aviation Inc
The Boeing Company
Corning Incorporated
N-Able Inc
Rocket Lab USA Inc.