Investing.com -- Stocks in focus in premarket trade on Monday, June 12th. Please refresh for updates.
- Illumina (NASDAQ:ILMN) stock rose 3.2% after the gene-sequencing machine maker’s CEO Francis deSouza stepped down on Sunday, marking a victory for activist investor Carl Icahn and heightening expectations that it could unwind its controversial $7.1 billion acquisition of Grail.
- Biogen (NASDAQ:BIIB) stock rose 3.1% after an advisory panel to U.S. regulators gave their support to the early-stage usage of an Alzheimer's drug co-developed by the biotech group.
- Nasdaq (NASDAQ:NDAQ) stock fell 7.9% after the exchange operator agreed to buy financial software firm Adenza from private equity firm Thoma Bravo for $10.5B in a cash and stock deal as it tries to reposition itself as a financial technology company.
- JPMorgan (NYSE:JPM) stock rose 0.4% after the bank announced it had agreed in principle to settle a class action lawsuit with a victim of Jeffrey Epstein.
- Nio (NYSE:NIO) ADRs rose 4.3% after the Chinese EV manufacturer cut prices on its cars in order to boost lukewarm sales.
- UBS (NYSE:UBS) stock rose 0.9% after the Swiss banking giant said it had completed its takeover of troubled rival Credit Suisse, creating a Swiss lender with a balance sheet of $1.6 trillion.
- Carnival (NYSE:CCL) stock rose 6% after JPMorgan upgraded its stance on the cruise operator to ‘overweight’ from ‘neutral’, saying the industry’s momentum is growing.
- Coinbase (NASDAQ:COIN) stock fell 1.5%, continuing its losses after the crypto exchange platform was sued last week by the Securities and Exchange Commission for allegedly operating an unregistered exchange.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or
remove ads
.