Today's Morning Movers and Top Ratings: DIS, COIN, STT, BX and More

$Disney (DIS.US)$ Shares of the entertainment giant ticked up less than 1% after Reuters reported that activist hedge fund Blackwells Capital will nominate three directors for Disney, competing with a slate from Trian Fund Management. Blackwells is supportive of CEO Bob Iger, the report said.

$Verizon (VZ.US)$ stock rose 1.2% after KeyBanc upgraded its stance on the telecoms giant to overweight from sector weight, seeing the potential for it to outshine the sector.

$Coinbase (COIN.US)$, $MARA Holdings (MARA.US)$ Shares of companies tied to cryptocurrencies fell sharply on Wednesday as the price of bitcoin dropped more than 5%. Crypto exchange Coinbase slid nearly 6%, while bitcoin mining company Marathon Digital tumbled 10%.

$SoFi Technologies (SOFI.US)$ Shares sank more than 7% after being downgraded to underperform from market performance by Keefe, Bruyette & Woods. The firm cited SoFi's recent outperformance, as well as concerns that slower organization growth and technology revenues will weigh on earnings.

$Charles Schwab (SCHW.US)$ Shares of the brokerage firm fell about 1.5% after Goldman Sachs downgraded Charles Schwab to neutral from buy. The lower rate outlook could hurt Schwab's earnings, according to Goldman.

$American International Group (AIG.US)$ stock fell 0.2% after Reuters reported that the company was the lead insurer on a $130 million "all-risks" policy for the Japan Airlines airplane which collided with another plane at Tokyo's Haneda airport.