Check out this morning’s top movers from around Wall Street, compiled by The Fly.
HIGHER –
- CVS Health (CVS) up 1% after The Wall Street Journal reported the company is conducting a review of strategic alternatives for the company that may include a potential break-up
UP AFTER EARNINGS –
- United Natural Foods (UNFI) up 9%
- McCormick (MKC) up 2%
- Paychex (PAYX) up 1%
- Acuity Brands (AYI) up 1%
LOWER –
- Apple (AAPL) down 1% after Barclays said the firm’s channel checks indicate that iPhone 16 orders have been cut for the December quarter at a key Taiwanese supplier
- Disney (DIS) down 1% after Raymond James downgraded Disney to Market Perform from Outperform
- IGM Biosciences (IGMS) down 25% after its chief executive, scientific and medical officers stepped down amid a pivot to focus on autoimmunity
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Read More on CVS:
- CVS Health’s Aetna announces 2025 Medicare products
- CVS break-up reports ‘smell of desperation,’ says Deutsche Bank
- CVS Health (NYSE:CVS) Explores a Break-Up of Retail and Insurance Units
- CVS Health reviewing strategic options including possible breakup, WSJ says
- Stellantis cuts 2024 targets, TPG acquires AT&T’s DirecTV stake: Morning Buzz