Check out the companies making headlines in midday trading. Boeing — Shares ticked up 1.6% after the aerospace company said earlier on Monday that chief executive officer David Calhoun would step down at the end of 2024. Board chairman Larry Kellner will also step down, the company added. Masimo — The medical technology company climbed nearly 5%. On Friday, Masimo announced its board of directors has authorized management to evaluate a spinoff of its consumer business .
Disney — The entertainment giant added more than 2% after Barclays upgraded it to overweight and noted that shares have higher to go. Separately, Nelson Peltz's Trian Fund Management withheld its votes from Disney CEO Bob Iger amid a proxy battle between the activist investor and the media juggernaut. Foot Locker — Shares jumped 7% after Evercore upgraded shares to outperform from in line. The firm cited Foot Locker's turnaround efforts and growth reinvestments.
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