Market Insider

Early movers: LEN, AAPL, ATML, BUD, LULU & more

Traders work on the floor of the New York Stock Exchange.
Getty Images

Take a look at some of Monday's early movers:

Lennar — the second-largest U.S. homebuilder by volume reported better-than-expected quarterly profit and revenue as the firm . Orders rose 10.3 percent across all regions except Houston.

Apple — the iPhone maker said it was cleaning up its iOS App Store to remove iPhone and iPad programs identified as malicious in the first large-scale attack on the software platform.

Atmel — London-based chipmaker Dialog Semiconductor agreed to buy the U.S. firm for about $4.6 billion in an effort to expand its industrial product offerings.

Micron — Barclays initiated coverage of semiconductor memory stocks with an "overweight" rating on Micron and "equal weight" rating on SanDisk. The note said much of the near-term risk for Micron is already priced in, and stable market dynamics give the stock more upside than SanDisk.

Anheuser-Busch InBev — RBC Capital Europe downgraded the stock to "sector perform" and cut its price target on concerns a possible acquisition of SABMiller would take ABI down a "significantly different path to that which we'd envisaged."

Lululemon — Morgan Stanley upgraded the stock to "overweight" on expectations the firm will reach an inflection point on margin and grow earnings by 20 percent a share in 2016.

PayPal — Stifel upgraded the stock to a "buy" with a $40 price target given relative attractive valuation and growth potential from the One Touch feature, which allows users to make purchases across different sites without having to re-enter billing information for each business.

Denbury — the oil and natural gas company announced it is suspending its dividend, citing the impact of low oil prices on the firm's operations.

Weatherford International — the multinational oil services company announced the launch of $1.0 billion in new share offerings and three-year notes. The net proceeds will go towards potential acquisitions and general operations, the firm said in a release.