Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly. 

1. STOCK NEWS: 

• Amazon (AMZN) confirms annual Prime Day event to be held June 21-22, but postponing Prime Day plans in Canada and India due to COVID-19 concerns [more]
• Etsy (ETSY) agreed to acquire "unique fashion" marketplace Depop for $1.625B [more]
• MorphoSys (MOR) has agreed to acquire Constellation Pharmaceuticals (CNST) for $34 per share in cash [more]
• Facebook (FB) said that Messenger API for Instagram is now available to all developers [more]
  
• AMC Entertainment (AMC) share price doubles as company leans into retail investor interest [more]
  

2. WALL STREET CALLS:

• Cinemark (CNK) lower after being cut to Sell at Goldman Sachs [more]
• Imax (IMAX) also dips after Goldman Sachs analyst Michael Ng downgraded the stock to Sell from Neutral [more]
  
• Honest Company (HNST) initiated with a Neutral at BofA [more]
  
• Vimeo (VMEO) initiated with a Buy at Jefferies and with an Outperform rating at Cowen [more]
  
• Canopy Growth (CGC) upgraded to Hold from Sell at Canaccord and raised to Neutral from Sell at Eight Capital [more]
  

3. AROUND THE WEB:

• The SEC has found that Tesla (TSLA) did not oversee CEO Elon Musk's Twitter use in 2020, WSJ says [more]
• Tesla sees buying over $1B of Australian battery minerals per year, Reuters says [more]
• Overstock's (OSTK) tZERO exploring options, including sale or merger, CoinDesk says [more]
• Credit Suisse (CS) plan lawsuit against Softbank (SFTBY) following Greensill fall, FT reports [more]
• Elliott Management has taken a sizable stake in Dropbox (DBX), WSJ says [more]

4. MOVERS:

• Skillz (SKLZ) gains after entering into an agreement to acquire Aarki for $150M [more]
• Bed Bath & Beyond (BBBY) rises after revealing three new owned brands that will be launching this quarter [more]
  
• Westport Fuel Systems (WPRT) declines after announcing an $100M offering of common shares [more]
  
• Sesen Bio (SESN) falls after announcing a global supply partnership agreement for Vicineum with Qilu Pharmaceutical [more]
  
• iRhythm Technologies (IRTC) lower after announcing CEO Mike Coyle will resign [more]
  

5. EARNINGS/GUIDANCE:

• Zoom Video (ZM) dips despite better than expected Q1 results [more]
• Medallia (MDLA) rises after "beat and raise" report [more]
  
• Iteris (ITI) higher after quarterly revenue beat [more]
  
• HP Enterprise (HPE) falls after "beat and raise" report [more]
  
• Progenity (PROG) drops after withdrawing 2021 guidance and announcing a company transformation plan [more]
  

INDEXES:

The Dow rose 25.07, or 0.073%, to 34,600.38, the Nasdaq gained 19.85, or 0.14%, to 13,756.33, and the S&P 500 advanced 6.08, or 0.14%, to 4,208.12.