Core Insights - U.S. stocks exhibited mixed performance, with the Dow Jones index increasing by approximately 300 points on Monday [3] - ResMed Inc. experienced a significant decline in share price following sleep apnea data from Lilly, leading Citigroup analyst Mathieu Chevrier to downgrade the stock from Buy to Neutral [3][4] Company Performance - ResMed shares fell by 10.4%, closing at $184.35 [4] - Molecular Partners AG saw a 22.6% drop in shares, reaching $7.43 [6] - Cryoport, Inc. shares decreased by 19.9% to $7.77 after announcing a strategic partnership with Minaris Regenerative Medicine [6] - BridgeBio Pharma, Inc. shares declined by 19.2%, closing at $22.11 [6] - BitFuFu Inc. shares fell by 17.7% to $5.11, influenced by a drop in Bitcoin price [6] - Inspire Medical Systems, Inc. shares decreased by 15% to $136.88, with a price target reduction from $210 to $170 by Stifel analyst Jonathan Block [6] - Ginkgo Bioworks Holdings, Inc. shares fell by 13% to $0.3661 [6] - MicroStrategy Incorporated shares dipped by 10.3% to $1,328.74, also affected by Bitcoin's decline [6] - Paymentus Holdings, Inc. shares decreased by 9.3% to $16.97 [6] - Super Micro Computer, Inc. shares fell by 8.5% to $827.94 [6] - Sirius XM Holdings Inc. shares declined by 8% to $2.6950, despite an upgrade from Evercore ISI Group [6] - Coinbase Global, Inc. shares dipped by 7.7% to $208.51 following Bitcoin's price drop [6] - NVIDIA Corporation shares fell by 5.8% to $119.11, possibly due to a pullback after recent momentum [6]
ResMed, Coinbase Global, Nvidia And Other Big Stocks Moving Lower On Monday