Today's Morning Movers and Top Ratings: KKR, NVDA, DKNG, CRWD and More

$KKR & Co (KKR.US)$ , $CrowdStrike (CRWD.US)$ , and $GoDaddy (GDDY.US)$ saw their shares rise, with KKR jumping over 8%, CrowdStrike increasing by 6%, and GoDaddy growing by 3%. These gains come as all three companies are set to join the S&P 500 on June 24, following the index's quarterly rebalance.

$Southwest Airlines (LUV.US)$ s' stock soared more than 8% after reports that Elliott Investment Management has acquired a significant stake in the company.

$Carvana (CVNA.US)$ shares rose 3% following JPMorgan's endorsement of the online car marketplace as a top pick due to its effective vehicle sourcing strategy.

$ReNew Energy Global (RNW.US)$ saw its shares surge nearly 7% after Morgan Stanley lifted its price target, highlighting the company's strong positioning to capitalize on India's energy transition.

$Planet Fitness (PLNT.US)$ shares increased approximately 4% after an upgrade from Jefferies, with expectations of robust franchise unit growth.

$DraftKings (DKNG.US)$ ' shares gained 1.8% as Morgan Stanley reiterated its overweight rating and reinstated the stock as a top pick, suggesting potential for a rally even amidst new sports betting taxes in Illinois.

$Robert Half (RHI.US)$ , $Comerica (CMA.US)$ , and $Illumina (ILMN.US)$ , which are set to leave the S&P 500, experienced a downturn in premarket trading following the announcement from S&P Dow Jones Indices.

$Dell Technologies (DELL.US)$ and $Palantir (PLTR.US)$ both saw their shares fall by 1% and 3%, respectively, amid investor disappointment over their exclusion from the S&P 500 index.

$Advanced Micro Devices (AMD.US)$ 's stock declined over 2% after a downgrade by Morgan Stanley, which expressed skepticism about Wall Street's high expectations for the company's artificial intelligence prospects.

$NVIDIA (NVDA.US)$ shares declined by 1% ahead of the company's first trading day following its 10-for-1 stock split.