Stocks making the biggest moves midday: Snap, Apple, Boeing and more

Snap — The tech company's shares gained astir 13%, having their strongest time since November. Shares gained arsenic U.S. lawmakers hole authorities that would springiness President Joe Biden the authorization to prohibition TikTok, 1 of Snapchat's superior competitors.

Apple — Shares precocious much than 3% aft Goldman Sachs initiated coverage of the large exertion banal arsenic a buy. The steadfast said Apple could get boosted by its services business.

Credit Suisse — Shares were down astir 1% aft erstwhile apical shareholder Harris Associates sold its full involvement successful Credit Suisse, according to a Financial Times report. Harris Associates CIO David Herro said determination are questions astir the aboriginal of the franchise and large outflows from its wealthiness absorption division.

Boeing — The aerospace company's shares fell 1.6% pursuing reports that bundle issues could hold deliveries of its MAX and 787 craft by up to a year.

RH — The furnishings store, formerly known arsenic Restoration Hardware, saw its banal dip much than 2% after Jefferies downgraded it to clasp from buy. The Wall Street steadfast said the luxury lodging marketplace is struggling to stabilize, which volition interaction RH's business.

Biomarin Pharmaceutical — Shares dropped by much than 6% aft rival BridgeBio Pharma reported affirmative proceedings information connected its campaigner for achondroplasia, the astir communal signifier of dwarfism, successful children, which could situation Biomarin's Voxzogo medication. 

Emerson Electric — Shares roseate astir 3% following an upgrade by UBS to bargain from neutral. The Wall Street steadfast said the derating of Emerson Electric is overdone.

Vir Biotechnology — The biotech banal added 1.4% pursuing a JPMorgan upgrade to overweight from neutral. The steadfast said the institution has a beardown cause pipeline, specifically mentioning its trials for hepatitis B and the flu.

Domino's Pizza — Domino's Pizza shares precocious much than 4%. On Friday, Gordon Haskett downgraded the banal to clasp from buy, and lowered its terms target, saying the pizza concatenation volition find it hard to "easily thrust a instrumentality to 6-10% mean yearly strategy income growth."

— CNBC's Alex Harring, Yun Li, Sarah Min and Michelle Fox contributed reporting.