Check out the companies making headlines in premarket trading. Boeing — Shares of the aerospace giant rose more than 2% after the company announced CEO Dave Calhoun was stepping down at the end of the year. Board Chairman Larry Kellner is also resigning. Masimo — Shares soared nearly 12% following the medical technology company's announcement late Friday it is considering a spinoff of its consumer business.
Baidu — Shares of the technology company climbed 1.4% following news that Baidu is reportedly engaged in talks with Apple for a potential collaboration on artificial intelligence services in China. Apple traded 0.6% lower. Disney — Shares rose 1.2% after Barclays upgraded the media company to overweight from equal weight, saying Disney has further upside even after its outperformance this year.
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