Check out the companies making headlines in midday trading. Boeing — Shares of the aerospace and defense giant lost more than 6% after a door panel on a Boeing 737 Max 9 blew out midair during an Alaska Airlines flight , leading the Federal Aviation Administration to ground dozens of the planes . Shares of Spirit AeroSystems , which made and installed the door, fell more than 6%. Alaska Air Group — The airline slid nearly 6% following the Boeing incident and announcements that it had canceled dozens of flights after grounding its 737 Max 9 fleet. Axonics — Shares soared 20% after Boston Scientific agreed to acquire the biotechnology firm for $71 per share , or an equity value of around $3.7 billion. American Airlines — The airline jumped nearly 6% after Morgan Stanley upgraded the shares to overweight from equal weight. The Wall Street firm said it’s excited about the upcoming investor day, which could be a catalyst for upside in the stock. Enphase Energy , First Solar — Enphase Energy gained 1.2% after getting an upgrade from Wells Fargo to overweight from equal weight. The bank said it expected a rebound in residential solar as interest rates fall. Wells Fargo, however, downgraded First Solar due to its strong 2023 performance and the relatively defensive nature of its cash flows. First Solar dipped just under 1%. Shell — Shares of the oil and gas giant slipped 2% after the company said it expects a noncash post-tax write-down of between $2.5 billion and $4.5 billion in the fourth quarter of 2023. Dell — The personal computer maker added 4.2% on the heels of two bullish Wall Street calls. UBS named Dell a top pick among technology hardware names in 2024 on Sunday, noting its recovery and buybacks. JPMorgan upgraded Dell to overweight from neutral on Monday, citing leverage from an investment cycle driven by artificial intelligence. Equifax — The credit reporting agency gained nearly 3% after Bank of America double upgraded it to a buy rating…
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