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Check out this morning's top movers from around Wall Street, compiled by The Fly.

HIGHER -

• Spotify (SPOT) up 5% after disclosing a reduction in the company's employee base by about 6% across the company as part of a broader reorganization
• Salesforce (CRM) up 4% after the Wall Street Journal reported that activist investor Elliott Management has made a multibillion-dollar investment in the company
• Evoqua (AQUA) up 14% after Xylem (XYL) and the company announced they have entered into a definitive agreement under which Xylem will acquire Evoqua in an all-stock transaction that reflects an implied enterprise value of approximately $7.5B
• Pliant Therapeutics (PLRX) up 64% after reporting 12-week interim data from the 320 mg dose group of INTEGRIS-IPF, a multinational, randomized, double-blind, placebo-controlled Phase 2a clinical trial of bexotegrast in patients with idiopathic pulmonary fibrosis
• Wayfair (W) up 13% after BofA double upgraded the stock to Buy from Underperform, JPMorgan upgraded Wayfair to Overweight from Underweight and Wedbush upgraded shares to Outperform from Neutral

UP AFTER EARNINGS -

• Synchrony (SYF) up 2%
• Baker Hughes (BKR) up 2%

LOWER -

• Xylem (XYL) down 8% after the company and Evoqua (AQUA) announced they have entered into a definitive agreement under which Xylem will acquire Evoqua in an all-stock transaction that reflects an implied enterprise value of approximately $7.5B
• PayPal (PYPL) down 2% after the Wall Street Journal reported big banks including Wells Fargo (WFC), JPMorgan (JPM), and BofA (BAC) are teaming up to launch a digital wallet that will be linked with customers' debit and credit cards
• Abbott (ABT) down 1% after Bloomberg reported it's cooperating with the Justice Department in a probe involving the contamination of baby formula at one of the company's plants last year