Check out the companies making the biggest moves before the bell: AeroVironment — The drone maker fell more than 4% on the back of poor fiscal second-quarter profits. AeroVironment’s earnings were 44 cents per share, well below LSEG’s estimate of 78 cents per share. Cracker Barrel Old Country Store — Restaurant stock fell 8% after first-quarter revenue fell short of expectations. Cracker Barrel’s record profit for the period was $797 million, compared to analysts polled by LSEG who had expected $802 million. GE Vernova — The energy giant’s stock rose 8% after it announced that 2025 earnings are trending towards the high end of its guidance. The company also doubled its quarterly dividend from 25 cents per share to 50 cents per share. GameStop — Shares of the video game retailer and meme fell 6% after the company reported third-quarter results. GameStop earned an adjusted 24 cents per share on revenue of $821 million. Sales fell short of the expectations of one analyst, who had expected them to exceed $900 million. Blue Owl Capital — This alternative asset manager rose 3% after Raymond James called it a strong buy on market performance. “We believe redemption risk is manageable as OWL is likely to honor all requests, which should eliminate the share price overhang,” said analyst Wilma Bardis. EchoStar — Satellite communications stock rose more than 5% after being upgraded to Overweight by Morgan Stanley. “As a seller of spectrum, SATS stock stands to be immune to or benefit from increased competition among U.S. wireless carriers, creating unique risk/reward relative to the broader industry,” the bank’s analysts said.
