These are the stocks posting the largest moves in midday trading.
The clinical-stage biopharmaceutical company jumped more than 8% after it was upgraded to overweight from neutral by J.P. Morgan Friday. The bank's analyst highlighted opportunities in a later stage blood disease drug and said the asset was underappreciated.Shares of the biotech company dropped more than 15% Friday after reporting disappointing revenue.
Illumina said it sees sales coming in around $835 million for the quarter, versus the $887.9 million in revenue analysts polled by Refinitiv were expecting.The online personal styling service's stock jumped 1% after Goldman Sachs upgraded to buy from neutral. According to the analyst, the company is expected to outperform due to "product innovation, operational efficiencies, and geographic expansion, combined with the increase in retail store closures .
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