Check out the companies making headlines before the bell. Grail — Shares cratered 47% after the company said a trial of one of its drugs missed its primary endpoint and failed to show statistically significant Stage III-IV cancer reduction. Blue Owl Capital — Shares slid nearly 3%, a day after after the private market and alternative assets manager fell 5.9% following the sale of $1.4 billion in loans . Opendoor Technologies — The residential real estate sales platform saw shares rise 19%. Fourth-quarter revenue of $736 million beat the LSEG consensus estimate of $549 million. Opendoor sees its first-quarter adjusted EBITDA loss in the low to mid $30 million range, versus the FactSet consensus call for a loss of $32.2 million. Management said that the company is “driving to Adjusted Net Income positive by the end of 2026, measured on a 12-month go-forward basis.” Akamai Technologies — Shares of the cloud computing company dropped about 10% in the after-hours session after Akamai gave disappointing first-quarter guidance. Akamai said it sees first-quarter adjusted earnings ranging between $1.50 and $1.67 per share, compared to the $1.75 per share consensus estimate from analysts polled by LSEG. Copart – Shares of the online car auction company dropped 7%. The company posted earnings of 36 cents per share in the fiscal second quarter , down 10% from a year earlier and short of the FactSet consensus call for 39 cents per share. Revenue of $1.12 billion also missed the Street’s estimate of $1.15 billion. Dropbox — The cloud storage company reported fourth-quarter adjusted earnings of 68 cents per share, narrowly beating the LSEG consensus of 67 cents per share. Revenue for the period was $636 million, surpassing the Street’s call for $629 million. The results, however, underwhelmed investors, with the stock losing 4%. Texas Roadhouse — The casual dining chain jumped nearly 4%. Texas Roadhouse said that comparable sales at its company restaurants in the first seven weeks of the first quarter of the 2026 fiscal year increased 8.2% from the year-ago period. The company also expects to lift menu prices by 1.9% in early April. AppLovin — The stock rose 4% after Bloomberg reported that the advertising technology-linked firm is developing plans for its own social media platform. Live Nation Entertainment — The live music concerts producer posted strong fourth-quarter results, sending shares 1% higher. Live Nation reported $6.31 billion in revenue for the period, exceeding the $6.11 billion estimated from analysts polled by LSEG. Comfort Systems — Shares were up 4% after the HVAC and electrical contracting service provider posted better-than-expected results for the fourth quarter. The company reported earnings of $9.37 per share, topping a FactSet consensus estimate of $6.75 per share. It also reported revenue of $2.65 billion, well above the Street’s consensus estimate of $2.34 billion. Newmont — The mining stock edged down 3%. Newmont reported adjusted earnings of $2.52 per share, exceeding the StreetAccount consensus estimate of $2.04 per share. The company also announced a record $7.3 billion in free cash flow. Chemours — Shares plunged 10% after the industrial and special chemicals firm reported underwhelming fourth-quarter results. Chemours posted earnings of 5 cents per share excluding some items for the fourth quarter, falling below a FactSet consensus estimate of 7 cents per share. It also reported $1.33 billion in revenue, just matching the Street’s forecast.
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Monday, February 23
