Today's Morning Movers and Top Ratings: MU, F, WBA, ALL and More

$Walgreens Boots Alliance(WBA.US)$ stock rose 3.3% after the drug store chain reported better-than-expected profit for the first quarter on strength in its pharmacy operations and cut its quarterly dividend in an attempt to save cash.

$Ford Motor(F.US)$ stock rose 0.4% after the auto giant announced plans to increase the prices of some of its electric F-150 Lightning pickup trucks, suggesting demand is strong for the product.

$Micron Technology(MU.US)$ stock rose 0.9% after Piper Sandler upgraded the chipmaker to overweight from neutral, saying recent supply cuts should accelerate upward pricing in both flash memory and chip markets.

$Apple(AAPL.US)$ stock fell 0.7% after brokerage Piper Sandler downgraded its stance on the tech giant to neutral from overweight, saying new checks showed a soft broader handset environment in the first half of 2024.

$Apache(APA.US)$ stock fell 3.6% after the independent energy company agreed to acquire $Callon Petroleum(CPE.US)$, up 7.2%, in an all-stock deal valued at about $4.5 billion.

$Mobileye Global(MBLY.US)$ stock fell over 25% after the autonomous driving tech company slashed its revenue forecast for 2024, expecting customers to pull back on orders.