Morning Movers: Intel higher following report of Apollo investment interest

Check out this morning’s top movers from around Wall Street, compiled by The Fly.

HIGHER –

• Black Diamond Therapeutics (BDTX) up 26% after reporting initial Phase 2 data demonstrating clinical responses and durability of BDTX-1535 in patients with relapsed/refractory epidermal growth factor receptor-mutant non-small cell lung cancer
• Ciena (CIEN) up 4% after Citi double upgraded the stock to Buy from Sell with a price target of $68, up from $44
• Intel (INTC) up 1% after Bloomberg reported Apollo Global (APO) has offered to make a multibillion-dollar investment in the company
• Sirius XM (SIRI) up 1% after Barron’s wrote Berkshire Hathaway (BRK.B) CEO Warren Buffett is a fan of the company’s satellite radio service and argued “investors should be fans of its stock”

UP AFTER EARNINGS –

• Ennis (EBF) up 5%

LOWER –

• General Motors (GM) down 2% after Bernstein downgraded shares to Market Perform from Outperform with a $53 price target
• Palantir Technologies (PLTR) down 1% after Raymond James downgraded the stock to Market Perform from Outperform