See the companies making headlines in midday trading. Moderna — The drugmaker jumped 16% after an upgrade to outperform from Oppenheimer. The company said Moderna’s multiple product launches over the next 12 to 18 months should help top-line sales begin to grow in 2025. Moderna is down more than 40% in 2023. Apple — Apple fell 3% in midday trading. Barclays downgraded the tech stock, citing poor iPhone 15s volumes, apart from Macs, iPads and mobile devices. Wynn Resorts, Las Vegas Sands — U.S. casino and resort companies climbed in droves Tuesday. Wynn Resorts was higher by 4%, while Las Vegas Sands rose 3.7%. Wallpaper — Shares of the luxury brand owner jumped nearly 4% after JPMorgan added the stock to its “Analyst Focus List” as a value idea. The Wall Street firm said it sees Tapestry’s “bottom-line growth accelerating.” Citigroup — Shares of Citigroup gained more than 2%. Wells Fargo raised its price target on the bank, saying the stock could double over the next three years. Analyst Mike Mayo expects the Federal Reserve’s rate cuts, as well as the bank’s restructuring initiatives, to boost the stock. Carnival , Royal Caribbean — Cruise shares, which outperformed in 2023, fell as a group on the first day of trading in 2024. Carnival shares fell 4%, Royal Caribbean Group fell 6% and Norwegian Cruise Line Holdings down 6.5%. GoodRx — The telemedicine stock fell about 14% after Bank of America downgraded GoodRx to market underperform, citing increased competition from big pharma benefit managers. Li Auto, Nio, XPeng — Shares of U.S.-listed Chinese electric vehicle makers fell after the companies released their latest delivery numbers. Li Auto fell 7% after reporting 50,353 deliveries in December, up 137% from the year-ago period. Nio fell 6% after reporting more than 18,012 vehicles delivered last month, about 14% more than a year earlier. XPeng fell more than 3% after the company posted 20,115 deliveries last month, up 171% year-over-year. Baidu , Joyy — Baidu’s U.S.-listed shares fell 3%. The Chinese tech giant has halted its acquisition of Joyy’s live streaming business in China. Shares of Joyy plunged 14%. ASML — Shares of the U.S.-listed Netherlands-based semiconductor company fell 4%. ASML said the Dutch government has prevented it from exporting some of its chip-making tools to China. Intel , Advanced Micro Devices — Shares linked to the semiconductor industry slipped as a group in midday trading. Intel fell more than 4% while Advanced Micro Devices fell more than 5%. Applied Materials and Lam Research fell more than 3%. Rivian Automotive — Electric vehicle stock fell about 10%. Evercore ISI upgraded Rivian Automotive to outperform, saying the company could be the “next Tesla.” Coinbase — Shares of the cryptocurrency trading platform fell 5% even as bitcoin topped $45,000 for the first time since April 2022. — CNBC’s Michelle Fox, Yun Li, Pia Singh and Samantha Subin contributed reporting.