Check out the companies making the biggest moves premarket: Netflix — The streaming platform climbed 1.5% after a Goldman Sachs upgrade to buy from neutral. The bank said it sees Netflix as continuing to be the leader in content acquisition and development, and a high chance for multiyear capital return back to shareholders. Soleno Therapeutics — Shares surged nearly 40% after Neurocrine Biosciences announced an agreement to acquire the company for $53 per share in cash, valuing the deal at around $2.9 billion. Neurocrine said Soleno will help expand its medicine portfolio and strengthen its position as a leader in endocrinology and rare disease. Twilio — Shares rose more than 3% after an upgrade by Jefferies to buy from hold, saying Twilio will be critical in the development and production of voice artificial intelligence. Mara , Strategy , Coinbase — Bitcoin prices were up more than 1% above $69,000 in Monday trading, bringing names with exposure to the cryptocurrency up with it. Digital asset and crypto mining company Mara was up more than 2%, while bitcoin treasury company Strategy jumped nearly 4%. Trading platform Coinbase also rose more than 3%. Oil stocks — West Texas Intermediate crude futures slipped on Monday on the latest developments in the U.S.-Iran war. Halliburton , EOG Resources , Diamondback Energy and ConocoPhillips all fell 1% in response. Carvana — Shares tumbled nearly 2% after the stock was downgraded by Bank of America to neutral from buy. With higher energy prices expected to hurt an already struggling lower- and middle-income consumer, and the risk of interest rates no longer falling, the bank sees a weaker-than-expected macro backdrop for Carvana in 2026. Dow , LyondellBasell Industries — Downgrades by Bank of America to underperform from neutral on both companies sent their stocks lower. The bank said the chemical companies had experienced too strong performances year to date from unsustainable tailwinds due to the war in Iran. Dow fell more than 2.5%, while LyondellBasell declined nearly 4%. Memory stocks — A slew of names continued to rebound following a sharp sell-off that ended last week in one of the best performing groups in 2026. Sandisk and Micron jumped more than 3%, while Western Digital was up more than 2%. Seagate Technology was also up more than 2.5% off the rally and a boost from being named a top pick by Morgan Stanley. Amkor Technology — Shares rose more than 3% after an upgrade from Melius Research to buy on the stock. The firm said the semiconductor packaging company is set to benefit as customers look to other outlets beyond Taiwan Semiconductor Manufacturing to avoid supply chain shortages and bottlenecks.
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