Eli Lilly Acquires Oma Therapeutics for $2.4 Billion
Equity futures edged slightly lower Monday as investors await the January jobs report and inflation data, as well as earnings reports, following a volatile week that included a tech-led selloff and a brief Bitcoin plunge. Markets had bounced Friday after earlier losses, with the Dow hitting a milestone amid the sector volatility.In pre-market trading, S&P 500 futures fell 0.04%, Nasdaq 100 futures fell 0.1% and Dow futures fell 0.06%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Eli Lillyup 2% after agreeing to buy Oma Therapeutics for $2.4B in cashKrogerup 7% after naming former Walmart UShead Greg Foran as its new CEOSoFi Technologiesup 2% after Citizens upgraded the stock to Outperform from Market PerformTegnaup 9% after President Donald Trump vocalized support for Nexstar'sproposed $3.5B acquisition of the companyUP AFTER EARNINGS -Apollo Globalup 2%DOWN AFTER EARNINGS -Cleveland-Cliffsdown 4%Kyndryl Holdingsdown 51%Monday.comdown 15%LOWER -Hims & Hersdown 22% after company pulls copycat weight-loss pill, Novo NordisksuesLi Autodown 3% after JPMorgan downgraded the stock to Underweight from Neutral
