Check out the companies making headlines before the bell. York Space Systems — Space and defense stock rose 11% after the company posted full-year revenue that beat analysts’ expectations. The company’s revenue totaled $386.2 million, compared to analysts polled by FactSet who expected sales of $383.5 million. York Space Systems also announced strong revenue guidance for 2026. Super Micro Computer — Shares fell more than 26% after U.S. prosecutors charged several of the company’s employees with smuggling Nvidia chips into China. FedEx — The package delivery giant surged 9% in third-quarter results, outperforming the Street. FedEx earned $5.25 per share, excluding certain items, on revenue of $24 billion. Analyst estimates compiled by LSEG were for sales of $23.43 billion and earnings per share of $4.09. The company also raised its profit outlook for the fiscal year. Arm Holdings — U.S.-listed shares of British semiconductor and software design company Arm Holdings rose 2.5% after HSBC upgraded Arm by two notches from buy to buy, and its $205 price target suggests an upside of more than 57% from Thursday’s closing price. Analyst Frank Lee said the company is in the midst of a “transformative” transition from a smartphone-dependent IP business that is undervalued in the market to a major player benefiting from AI server CPUs. Planet Labs — The satellite imaging company’s stock rose about 15% after better-than-expected fourth-quarter results. Planet Labs broke even on an adjusted basis over the same period, compared to analysts polled by FactSet who expected a loss of 5 cents per share. First-quarter and full-year revenue guidance also exceeded expectations. Chipotle Mexican Grill — Shares of the Mexican fast-food chain rose more than 1% after Mizuho upgraded the stock from neutral to outperform. The Wall Street company said recent management comments could potentially act as a positive catalyst, and it expects “earnings turnaround” to occur in the near term with margin increases. Firefly Aerospace — Space transportation stock rose nearly 7% after better-than-expected fourth-quarter results. Firefly lost 38 cents a share, excluding certain items, on revenue of $57.7 million. Analysts had expected revenue of $52.4 million and a loss of 49 cents a share, according to FactSet. Tegna / Nexstar Media Group — Both stocks rose after Nexstar Media Group announced it had completed its more than $6 billion acquisition of local news company Tegna with approval from the Federal Communications Commission. Tegna stock soared 9%, while Nexstar rose about 1.5%. Scholastic — The educational content publisher and producer rose 10% after the company reported a smaller-than-expected loss in the third quarter. Scholastic had an adjusted loss of 15 cents per share, compared with analyst estimates compiled by FactSet for a loss of 37 cents per share. — CNBC’s Fred Imbert, Yun Li, Sarah Ming and Michelle Fox contributed reporting.
