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ResMed, Coinbase Global, Nvidia And Other Big Stocks Moving Lower On Monday
RMDResMed(RMD) Benzinga·2024-06-24 17:18

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]MolecularPartnersAGsawa22.6184.35 [4] - Molecular Partners AG saw a 22.6% drop in shares, reaching 7.43 [6] - Cryoport, Inc. shares decreased by 19.9% to 7.77afterannouncingastrategicpartnershipwithMinarisRegenerativeMedicine[6]BridgeBioPharma,Inc.sharesdeclinedby19.27.77 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,influencedbyadropinBitcoinprice[6]InspireMedicalSystems,Inc.sharesdecreasedby155.11, 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 210to210 to 170 by Stifel analyst Jonathan Block [6] - Ginkgo Bioworks Holdings, Inc. shares fell by 13% to 0.3661[6]MicroStrategyIncorporatedsharesdippedby10.30.3661 [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]SuperMicroComputer,Inc.sharesfellby8.516.97 [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,despiteanupgradefromEvercoreISIGroup[6]CoinbaseGlobal,Inc.sharesdippedby7.72.6950, 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]