These are the stocks posting the largest moves midday.
Check out the companies making the biggest moves midday: Inspire Medical Systems , ResMed — Inspire Medical Systems and ResMed, which manufacture devices to treat obstructive sleep apnea, dropped 14% and 11%, respectively, following Friday's news that Eli Lilly 's weight loss drug tirzepatide reduced the severity of the condition. Eli Lilly also said it applied for approval from the Food and Drug Administration for the drug's treatment of sleep apnea.
The bank noted that Anheuser-Busch is "at the cusp of delivering the ideal consumer staples growth profile," citing an inflection point in growth, margins and cash returns. IBM — The stock spiked close to 3% after Goldman Sachs initiated coverage with a buy rating and a price target of $200, which implies 16% upside from Friday's close.
Ferrari NV Planet Fitness Inc Carrier Global Corp Ryder System Inc International Business Machines Corp Anheuser-Busch Inbev SA Anheuser-Busch Inbev SA Cinemark Holdings Inc Affirm Holdings Inc NVIDIA Corp Alnylam Pharmaceuticals Inc RXO Inc Eli Lilly And Co Resmed Inc Inspire Medical Systems Inc Breaking News: Markets Stock Markets Business Economy Markets Market Insider Regwall-Marketmovers Baker Hughes Co Schlumberger NV APA Corp (US) WTI Crude (Mar'23) ICE Brent Crude (Apr'23) Business News
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