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.