Premarket Movers | Opendoor Surges 15%; AppLovin Jumps 5%; Copart Drops 7%; Akamai Sinks 9%; Grail Tumbles 47%

Tiger Newspress02-20 17:03

Opendoor stock surged 15.1% as the residential real estate platform made progress in its transformation plan. Q4 revenue and adjusted EBITDA exceeded the Wall Street consensus estimates.

AppLovin shares jumped 5.3%. Social media reported suggest that OpenAI mentioned working with Applovin to monetize ChatGPT through ads during a capital raise call, although this news remained unconfirmed, it has sparked significant market interest.

Copart shares sank 6.6% following the release of its second-quarter fiscal results. The online vehicle auction leader reported earnings and revenue that fell short of Wall Street estimates for the period ended January 31, 2026.

Akamai forecast first-quarter adjusted profit below Wall Street estimates, signaling that the ongoing memory supply squeeze will increase costs, sending its shares down 9.2%.

Grail stock plunged 47% despite posting a narrower-than-expected quarterly loss. Investors appeared to focus on the biotech firm’s flagship NHS-Galleri trial, which failed to meet its primary clinical endpoint of a statistically significant reduction in combined Stage III and IV cancer diagnoses.

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