Today's Morning Movers and Top Ratings: AVGO, LLY, DJT, PLNT and More

$Planet Fitness (PLNT.US)$ was upgraded by TD Cowen from Hold to Buy, with the target price raised from $66 to $92. Shares increased by more than 3% in premarket trading.

$Broadcom (AVGO.US)$ shares advanced 0.7% on news from Reuters about the company's partnership with ByteDance to create an advanced artificial intelligence processor, which is happening amidst U.S. attempts to restrict crucial chip exports to China.

$Apple (AAPL.US)$ stock experienced a 0.17% increase, despite the European Commission's claim that the company's App Store policies violate EU technology regulations by preventing app developers from directing consumers to alternative offers.

$United Parcel Service (UPS.US)$ saw its stock value rise by 0.29% after the company announced the sale of its Coyote Logistics business to RXO, which saw its own shares jump by 14%, for a total of $1.025 billion.

$Eli Lilly and Co (LLY.US)$ 's stock appreciated by 0.72% following the announcement that its weight-loss drug Zepbound was effective in treating sleep apnea in up to 52% of patients.

$Trump Media & Technology (DJT.US)$ enjoyed a 6.3% increase in stock value, rebounding from the selloff experienced in the prior week.

$NVIDIA (NVDA.US)$ shares declined by 1.87%, continuing the selloff from the end of the previous week.

$Under Armour-A (UAA.US)$ 's stock decreased by 2.33% after the company announced a settlement of $434 million to resolve a 2017 class-action lawsuit that accused it of defrauding shareholders.

$ResMed (RMD.US)$ 's stock took a significant hit, dropping 10.65% after weekend results from a weight-loss drug trial brought into question the future demand for the company's sleep apnea treatments.