Check out the companies making the biggest pre-market moves: Netflix — The streaming platform rose 1.5% after Goldman Sachs upgraded it to buy from neutral. The bank said it expects Netflix to continue to be a leader in content acquisition and development and is likely to return capital to shareholders over a multi-year period. Soleno Therapeutics — Shares soared nearly 40% after Neurocrine Biosciences announced it had agreed to acquire the company for $53 per share in cash. The acquisition is valued at approximately $2.9 billion. Neurocrine said Soleno will help expand the company’s drug portfolio and strengthen its position as a leader in endocrinology and rare diseases. Twilio — Shares rose more than 3% after Jefferies upgraded Twilio from hold to buy, saying Twilio will be important in the development and production of voice artificial intelligence. Mara, Strategy, Coinbase — Bitcoin prices rose more than 1% to over $69,000 in Monday trading, and big-name companies with exposure to the cryptocurrency rose along with it. Digital asset and crypto mining company Mara rose more than 2%, while Bitcoin treasury company Strategy rose nearly 4%. Trading platform Coinbase also rose more than 3%. Oil stocks — Western Texas Intermediate crude oil futures fell slightly on Monday following the latest developments in the U.S.-Iran war. Halliburton, EOG Resources, Diamondback Energy and ConocoPhillips all fell 1% as a result. Carvana — Shares fell nearly 2% after the stock was downgraded from buy to neutral by Bank of America. The bank sees Carvana’s macro environment in 2026 as weaker than expected, as high energy prices are expected to hit already struggling low- and middle-income consumers and there is a risk that interest rates will never come down. Dow, LyondellBasell Industries – Stocks fell after Bank of America downgraded both companies from neutral to underperform. The bank said the chemical company’s year-to-date performance had been too strong due to unsustainable tailwinds from the Iran war. The Dow fell more than 2.5% and LyondellBasell fell nearly 4%. Memory Stocks — After the sharp selloff that ended last week in memory stocks, one of the best-performing groups in 2026, many stocks continued to rally. SanDisk and Micron rose more than 3%, and Western Digital rose more than 2%. Seagate Technology also rose more than 2.5% from the bull market, benefiting from being named a top stock by Morgan Stanley. Amkor Technology — Shares rose more than 3% after Melius Research bought more shares. The company said semiconductor packaging companies will benefit as customers look to distributors outside Taiwan Semiconductor Manufacturing to avoid supply chain shortages and bottlenecks.
