These Stocks Are Moving the Most Today: Apple, Cal-Maine Foods, A10 Networks, Palantir, Tilray, and More

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Apple shares are downgraded at KeyBanc, sales slump at Cal-Maine Foods as egg prices tumble, and A10 Networks issues a revenue forecast below Wall Street...

Stocks rose modestly Wednesday as Treasury yields fell from 16-year highs after a weaker-than-expected U.S. private payrolls report.Apple was downgraded to Sector Weight from Overweight at KeyBanc with the analysts saying the stock has been trading at near all-time-high multiples and a historically large premium to the Nasdaq, and that they see soft growth from the iPhone maker’s Americas region. KeyBanc has no price target on Apple shares. The stock was down 0.2% to $172.02.

Palantir Technologies was up 5% following a report from Bloomberg that said the company has emerged as the top pick for a contract to overhaul the U.K.’s National Health Service. U.S.-listed shares of Novartis declined 3.6% following the spinoff of the generic drug maker Sandoz.

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