Check out the businesses making headlines earlier than the bell: Ford Motor — The automaker fell 2.1% after Jefferies downgraded shares to underperform from maintain . The agency talked about issues of a listing overhang together with valuation. Honeywell — The trade big noticed shares rising 3% in premarket buying and selling after the corporate mentioned its board is exploring the opportunity of separating its aerospace division. Super Micro Computer — Shares misplaced practically 14% following a Friday Bloomberg report that the info heart firm had employed funding financial institution Evercore ISI to assist it elevate fairness and debt capital. This comes after Super Micro missed deadlines to file its annual and quarterly monetary reviews. Concerns have now grown that the corporate is perhaps delisted by the Nasdaq, regardless of CEO Charles Liang’s reassurance that this is not going to occur. Microchip — The semiconductor merchandise inventory declined 2.5% following a downgrade by Bank of America to underperform from impartial. MicroTechnique — The bitcoin proxy inventory rose 3.8% after Nasdaq introduced its addition to the tech-heavy Nasdaq-100 index. Axon — The weapons producer added practically 3% on the information that the inventory will probably be becoming a member of the Nasdaq-100 later this month. Keysight Technologies — The electronics producer gained 2% following an improve at JPMorgan to obese from impartial. The financial institution cited a broader cyclical restoration in addition to Keysight’s Spirent acquisition, which ought to present the corporate better leverage and a powerful margin enchancment cadence, as catalysts. Micron Technology — Shares rose practically 4%. The semiconductor producer is about to report quarterly earnings after the bell Wednesday. JPMorgan mentioned in a observe Monday it expects sturdy outcomes. Broadcom — The semiconductor firm climbed 3%, placing it on monitor so as to add to its sharp features from the earlier session. Broadcom surged greater than 24% on Friday after it reported better-than-expected fourth-quarter outcomes, pushing its market cap above $1 trillion for the primary time. Capri Holdings — Shares rose 3.3% after Women’s Wear Daily reported that the retail firm is working with Barclays to discover potential consumers for its Versace and Jimmy Choo manufacturers. — CNBC’s Lisa Kailai Han, Yun Li, Michelle Fox and Pia Singh contributed reporting.
