Ford (F)

Shares of the automaker fell 4.5% in premarket trading
after it cautioned that quarterly earnings would take a hit of around $1
billion from increased supplier costs and parts shortages. Those factors
contributed to a shortage of finished vehicles ready to sell. According to estimates
it will have 40,000 to 45,000 vehicles in inventory lacking parts, which will
delay sales.

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Cognex (CGNX)

The stock rose 4.7% in premarket trading after the maker of
machine vision systems and sensors raised its revenue outlook for the ongoing quarter.
This amid after a faster-than-expected inventory recovery from a fire at Cognex’s
primary contract manufacturer.

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BioNTech (BNTX), Moderna (MRNA)

Shares of the vaccine makers were declining again this
morning, after falling yesterday on President Joe Biden’s comment that the
pandemic was “over.” BioNTech lost 2.4% in the premarket, with Moderna down by
2.1%.

Nike (NKE)

Nike shed 2.2% in premarket action after Barclays
downgraded the stock to “equal weight” from “overweight,” citing continued
volatility for the company in China including demand erosion in North America
and elsewhere.

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Change Healthcare (CHNG)

The health care technology company’s stock surged 7.5% in
premarket action after a federal judge ruled against the Justice Department’s
antitrust challenge to UnitedHealth’s (UNH) planned $13 billion acquisition of
the company.

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Western Digital (WDC)

Shares of the disk drive maker fell 1.7% in the premarket
after Deutsche Bank downgraded the stock to “hold” from “buy.” Deutsche Bank
said the company’s profit and revenue appear to be coming in at the low end of
guidance due to falling demand.

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Norwegian Cruise Line (NCLH)

Norwegian shares added 3% in premarket trading after Truist
Financial upgraded the stock to “buy” from “hold,” citing a decrease in
cancellations and subsequent rebookings at lower prices.