US PRE-MARKET MOVERS: ARES, JBLU, WS, MARA, NAVN, MLKN, QCOM, ADBE

ES -0.8% NQ -1.0% RTY -1.1% ARES -2.1%: ARES Strategic Income Fund posted its steepest monthly loss on record in February JBLU -3.4: Says not active in M&A talks WS -14.6%: EPS & rev. missed MARA +9.7%: Sold $1.1B BTC to repurchase $1B of convertible senior notes NAVN +17.0%: Q rev. & rev. outlook beat MLKN -20.7%: Earnings & guidance missed QCOM -1.9%: Downgraded at Bernstein to 'Market Perform' from 'Outperform' ADBE -1.6%: Downgraded at William Blair to 'Market Perform' from 'Outperform'