Check out the companies making headlines before the bell. Grail — Shares plunged 47% after the company announced that a trial of one of its drugs failed to meet its primary endpoint and did not show a statistically significant reduction in stage III-IV cancer. Blue Owl Capital — Shares fell nearly 3% a day after the private markets and alternative asset manager fell 5.9% following a $1.4 billion loan sale. Opendoor Technologies — Residential real estate sales platform’s stock rose 19%. Fourth-quarter revenue was $736 million, beating LSEG’s consensus estimate of $549 million. Opendoor expects first-quarter adjusted EBITDA loss to be in the low-to-mid $30 million range. By comparison, FactSet consensus calls for a loss of $32.2 million. Management said the company is “driving toward positive adjusted net income by the end of 2026, as measured on a forward-looking 12-month basis.” Akamai Technologies — The cloud computing company’s stock fell about 10% in after-hours trading after Akamai reported disappointing first-quarter earnings guidance. Akamai said it expects first-quarter adjusted earnings to be in the range of $1.50 to $1.67 per share, compared to the consensus estimate of $1.75 per share among analysts surveyed by LSEG. Copart – The online car auction company’s stock fell 7%. The company’s second-quarter fiscal earnings were 36 cents per share, down 10% from the year-ago period and missing the FactSet consensus call of 39 cents per share. Revenue also came in at $1.12 billion, below 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. Revenues for the period were $636 million, which exceeded the street offering of $629 million. However, the results underwhelmed investors, sending the stock down 4%. Texas Roadhouse — The casual dining chain rose nearly 4%. Texas Roadhouse announced that its restaurants’ comparable sales increased 8.2% year-over-year during the first seven weeks of the first quarter of fiscal 2026. The company also expects to increase menu prices by 1.9% in early April. AppLovin — Shares rose 4% after Bloomberg reported the ad tech company is developing plans for its own social media platform. Live Nation Entertainment — The live music concert producer reported strong fourth-quarter results, sending its stock up 1%. Live Nation reported revenue of $6.31 billion in the period, beating the $6.11 billion expected by analysts surveyed by LSEG. Comfort Systems — Shares rose 4% after the HVAC and electrical contracting services provider reported better-than-expected fourth-quarter results. The company reported earnings of $9.37 per share, beating the FactSet consensus estimate of $6.75 per share. It also reported revenue of $2.65 billion, well above the Street consensus estimate of $2.34 billion. NEWMONT — Mining stocks fell 3%. Newmont reported adjusted earnings of $2.52 per share, beating the Street account consensus estimate of $2.04 per share. The company also announced free cash flow of $7.3 billion, a record high. Chemours — Shares fell 10% after the industrial and specialty chemicals company reported underwhelming fourth-quarter results. Chemours’ fourth-quarter earnings, excluding certain items, came in at 5 cents per share, below the FactSet consensus estimate of 7 cents per share. Revenue was also reported at $1.33 billion, which was roughly in line with TheStreet’s expectations.
