Stocks making the biggest moves midday: Amgen, Uber, Lyft, Zscaler and more
In this article META AMGN WBA LVS LEG WYNN ZS NFLX Follow your favorite stocks CREATE FREE ACCOUNT A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, May 13, 2020. Mike Blake | Reuters Check out the companies making headlines in midday trading. Amgen — The biopharma stock jumped 6.2% after Morgan Stanley upgraded Amgen to overweight from equal weight, saying Amgen is "largely derisked" and provides defensiveness for investors. Walgreens Boots Alliance — Shares of the drugstore chain jumped nearly 4%, giving the Dow Jones Industrial Average a boost. Walgreens' rally came after the company announced an acquisition of healthcare firm CareCentrix. The stock is still down about 36% on the year. Walgreens is set to report its quarterly earnings on Thursday. Uber, Lyft — Shares of the rideshare companies dropped 7% and 8%, respectively, after the Labor Department proposed a new rule that could pave the way for ...