Check out these premarket movers:

Citrix Systems (CTXS) – Citrix is near a deal to be taken private for roughly $13 billion, according to multiple media reports. Vista Equity Partners, an affiliate of Elliott Management and an affiliate would acquire the cloud computing firm for $104 each share. This is below Citrix’s Friday closing price of $105.55 per share. However, the stock has risen in recent months due to reports about takeover negotiations. In premarket trading, its shares dropped 3.4%.

BlackBerry (BB) – The communications software company’s stock tumbled 6.1% in the premarket after it announced a deal to sell its non-core patent assets for $600 million. These patents cover mobile messaging, wireless networking and mobile devices. It does not involve patents vital to the company’s core business. CatapultIP innovations is the buyer. This special-purpose vehicle was created to purchase those patents.

Spotify (SPOT) – Spotify shares rose 1.5% in premarket trading after the audio streaming service took steps to address the controversy surrounding its Joe Rogan podcast, which has been accused of spreading Covid-19 misinformation. Spotify made public its platform policies and launched a Coronavirus Information Hub.

Otis Worldwide (OTIS) – The elevator and escalator maker reported quarterly profit of 72 cents per share, 4 cents a share above estimates. The revenue was in line with expectations. Otis predicted that sales growth would be slower this year. He also forecasted adjusted 2022 earnings per stock at $3.20-3.30, which is lower than the consensus estimate for $3.29 per share.

Walgreens (WBA) – Walgreens has kicked off the sales process for its Boots international drug store unit, according to people with knowledge of the matter who spoke to Bloomberg. Sycamore partners is among the firms that may be interested in buying this unit. Walgreens lost 1% during premarket.

Marathon Petroleum (MPC) – Marathon Petroleum is down in premarket trading, following a Reuters report that the United Steelworkers Union rejected a contract offer from the energy producer. According to sources familiar with the matter, this offer would have granted chemical and refinery workers an additional 4% salary increase over three-years. Marathon lost 1.1% in premarket trades.

Beyond Meat (BYND) – Beyond Meat was double-upgraded to “overweight” from “underweight” at Barclays, which increased its price target on the maker of plant-based meat alternatives to $80 per share from $70 a share. Barclays highlights the company’s potential growth, in particular in the U.S. Retail Market. Beyond Meat’s premarket share soared 4.4%.

Intuitive Surgical (ISRG) – Intuitive Surgical was upgraded to “overweight” from “neutral” at Piper Sandler, which cites a number of factors including valuation for the maker of surgical equipment. Following its quarterly earnings on January 21, the stock dropped nearly 8%, but is still at approximately the same level. Premarket action by Intuitive surgical saw an increase of 1.2%.

Netflix (NFLX) – Netflix added 2.5% in the premarket after Citi upgraded the stream service’s stock to “buy” from “neutral.” Citi stated that the prevailing equity value doesn’t reflect subscriber growth prospects and improving subscribers economics after the recent selloff.

Align Technology (ALGN), Envista (NVST) – The maker of Invisalign dental braces was rated “overweight” in new coverage at Morgan Stanley, which notes the recovery for the dental market following pandemic-related disruption and said that dental product specialists like Align, Envista, and Dentsply Sirona(XRAY), will be able to profit. Align, Envista and Dentsply both saw 1.4% increases in premarket sales.