Check out the companies making headlines before the bell. New York Community Bancorp — Shares fell more than 20% after the regional bank announced Thursday night that it had found problems with its “internal controls.” NYCB also announced a change in CEO, effective immediately. Goodrx — Shares rose 5.4% after JPMorgan upgraded the digital healthcare platform from neutral to overweight, saying concerns about changes in pharmacy reimbursement models are overdone. GoodRx’s 2024 guidance is a positive turning point and evidence of credibility, the company added. Dell – Shares soared 26% in premarket trading after the computer maker reported fourth-quarter earnings (excluding items) of $2.20 per share on revenue of $22.32 billion. This beat analysts’ expectations for earnings of $1.73 per share and revenue of $22.16 billion, according to the company. LSEG. Hewlett Packard Enterprise — IT stock fell 4.4% after mixed first-quarter results. The company beat analysts’ expectations for earnings per share by 3 cents, according to LSEG. However, Hewlett-Packard posted revenue of $6.76 billion, below Wall Street expectations of $7.11 billion. The company also gave a weak outlook for the current quarter. Plug Power — Shares fell more than 5% after disappointing results. However, the hydrogen fuel cell company said it has enough cash to continue operating despite a higher-than-expected loss of $2.30 per share in 2023. In its third-quarter regulatory filing, the company revealed doubts about its ability to continue as a company. Continuing concerns. Daimler Trucks — Shares in Daimler Trucks, one of the world’s largest commercial vehicle manufacturers, soared as the company posted record full-year profits and announced a 2 billion euro ($2.16 billion) share buyback. Since then, the stock has soared more than 17.5%, hitting an all-time high. program. Autodesk — Shares rose 8% after the software company posted strong results in its latest quarterly results. Autodesk reported fourth-quarter adjusted earnings of $2.09 per share on revenue of $1.47 billion. Analysts polled by LSEG had expected earnings of $1.95 per share and revenue of $1.43 billion. Advanced Micro Devices — Shares continued to rise on investor excitement about artificial intelligence, rising 3.3% on Thursday after the chipmaker’s valuation exceeded $300 billion. Root — Shares rose more than 10% after Jefferies upgraded the insurance company to buy from neutral. The company said it sees significant growth opportunities for Root. Jefferies also raised its price target to $40 from $30, suggesting there is nearly 25% upside potential. —CNBC’s Alex Harring, Samantha Subin, Jesse Pound, Tanaya Machel, Sarah Min and Michelle Fox contributed reporting.
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