Company News for Jun 25, 2024

Zacks Equity Research

25 June 2024 at 4:09 am·1-min read

RXO Inc. (RXO) shares soared 23% following an agreement to purchase Coyote Logistics from United Parcel Service Inc. (UPS) for more than $1 billion.
Shares of Eli Lilly and Co. (LLY) rose 0.7% following news that the company’s weight loss drug tirzepatide reduced the severity of the condition.
Alnylam Pharmaceuticals Inc. (ALNY) shares soared 34.5% after in a late-stage study, the company’s drug vutrisiran showed a statistically significant positive result.
Shares of Meta Platforms Inc. (META) were up 0.8% after the company discussed integrating its generative AI model into Apple Inc.’s (AAPL) AI system for iPhones.

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