Investigate the stocks making the biggest moves midday. Domino's Pizza skyrocketed 11% upon announcing that their products were accessible through Uber's Uber Eats and Postmates apps. This agreement can bring new orders to 70% of Domino's stores. DraftKings rallied 5% following its upgrade to buy by Bank of America, citing their expected expanding profit margins. Roku gained 1% after announcing their partnership with Shopify, permitting viewers to make orders from Roku TV with a press of the remote. Analysts at Morgan Stanley updated Lazard and Jefferies Financial to overweight and equal weight, respectively, expecting higher merger and acquisition activity. Bank stocks rose in value upon the report of lighter-than-anticipated consumer prices. Citigroup and Goldman Sachs advanced 2.6% and 2%, respectively; KeyCorp rose 5%, while Zions and Comerica Bancorporation grew 4%. Lucid Group plummeted 12% after their second-quarter deliveries fell short of analysts' estimates. SunPower gained 9.4% upon Raymond James' upgrade from outperform to strong buy. Bank of America raised Stellantis to buy, with their stock increasing 3.3%. Beyond Meat rose 3.3% after declaring their steak product was in 14,000 U.S. stores, including Wegmans and Whole Foods. Acadia Healthcare descended 4% following a New Mexico jury ruling them responsible for $485 million in damages related to a sexual assault in one of their now-defunct residential facilities. Holley Inc. rocketed 20% after receiving upgrades by Bank of America and JPMorgan Chase. The latter noted the company was "back on track," while the former noted they were "firing on all cylinders."— CNBC's Yun Li, Alex Harring, Samantha Subin and Michael Bloom contributed reporting.
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