Stocks making the biggest moves premarket: Blackstone, Marvell Technology, Palo Alto Networks & more

Cnbc · Jun 03, 2026 · 581 words · By Davis Giangiulio

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What to know about Stocks making the biggest moves premarket: Blackstone, Marvell Technology, Palo Alto Networks & more

Check out the companies making the biggest moves premarket: Private equity firms — The group fell after Bloomberg News reported Partners Group, a Swiss-based private equity firm, capped withdrawals from one of its private equity funds.

Claims checked 32

Techniques found 0

Topics 0

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center80%

Right20%

5 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Why it matters

Blackstone fell 6%, while KKR tumbled more than 5.5%.

Common ground

Palo Alto Networks — The cybersecurity stock fell 2%.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

Follow-up questions

What concrete event or decision sits underneath the headline: Stocks making the biggest moves premarket: Blackstone, Marvell Technology, Palo Alto Networks & more?
What evidence would most clearly confirm or weaken the claim that Blackstone fell 6%?
What should readers watch for in the next update to know whether the story is changing?

open_in_new Read the original article: https://www.cnbc.com/2026/06/03/stocks-making-the-biggest-moves-premarket-bx-mrv…

fact_checkClaims Checked

eFinder analyzed this article and checked 32 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

schedule Pending 22

info Single Source 4

check_circle Corroborated 3

help Insufficient Evidence 2

verified Verified By Reference 1

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Claim 1: “Blackstone fell 6%”

SINGLE SOURCE

One web search result explicitly states 'Blackstone (BX) stock fell nearly 6% in premarket trading on Wednesday'. Other sources discuss general performance or different dates, providing no corroboration for this specific 6% drop.

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web search NEUTRAL — Jun 3, 2026 ... Blackstone (BX) stock fell nearly 6% in premarket trading on Wednesday after Swiss asset manager Partners Group moved to cap investor ...
https://www.tikr.com/blog/blackstone-nyse-blk-stock-crashes-…

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web search NEUTRAL — Blackstone Inc BX:NYSE ; after hours icon After Hours: Last | 4:04 PM EDT. 122.78UNCH (UNCH) ; Volume. 89,462.
https://www.cnbc.com/quotes/BX

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web search NEUTRAL — Jun 2, 2026 ... Shares of the New York-based company have fallen 39.6% from its 52-week high of $190.09. Blackstone's shares have dipped marginally over the ...
https://www.barchart.com/story/news/2271741/blackstone-stock…

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Claim 2: “Ulta also reported first-quarter earnings of $7.74 per share, beating the $6.86 a share analysts were expecting, per LSEG.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 3: “Shares of the retailer [Macy's] were up 1.5% after it posted its strongest first-quarter growth in four years.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 4: “That was above analysts polled by FactSet's estimates for 16 in earnings per share.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

help

Claim 5: “analysts polled by LSEG had penciled in 19 cents per share [for GitLab].”

INSUFFICIENT EVIDENCE

No evidence was found in the provided search results to support or refute the LSEG analyst expectations for GitLab.

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Claim 6: “GameStop — The video gaming retailer popped almost 13% after it reported adjusted earnings of 30 cents per share in the first quarter.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 7: “The company [Macy's] also hiked its full-year outlook.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

help

Claim 8: “Blue Owl Capital was off nearly 4%.”

INSUFFICIENT EVIDENCE

The claim states Blue Owl Capital was off nearly 4%, but the evidence explicitly states Blue Owl Capital Inc. (OWL) was 'up 3.7%' in pre-market trading in one source and 'up 0.65%' in another.

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web search NEUTRAL — Blue Owl Capital stock price. Join the discussion: Connect with other investors on your favorite stocks or explore the top-talked-about stocks on our Breakout Boards.
https://investorshub.advfn.com/market-news/article/27589/blu…

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web search NEUTRAL — With U.S. stock markets set to open in two hours, On Holding AG (ONON) was up 5.7% in pre-market trading, and Blue Owl Capital Inc. (OWL) was up 3.7%.
https://www.barrons.com/articles/s-p-500-futures-fall-in-pre…

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web search NEUTRAL — OWL trades at $10.80 premarket, up 0.65%. The stock ended Tuesday at $10.73. Blue Owl caught a downgrade from Deutsche Bank, moving to Hold from its previous rating. The bank also slashed its price ta…
https://ts2.tech/en/blue-owl-capital-owl-stock-ticks-higher-…

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Claim 9: “the company hiked full-year earnings guidance, with Ollie's estimating a range of between $4.45 to $4.55 in earnings per share, compared to analysts polled by FactSet's expectations of $4.44.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 10: “Morgan Stanley moved its rating to equal-weight from overweight”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 11: “GitLab also said that it would reduce its full-time workforce by approximately 14%, or 350 team members, and exit 22 countries.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 12: “The beauty stock [Ulta Beauty] lost 1% despite the company lifting its full-year earnings guidance.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 13: “Raymond James moved its outlook to outperform from strong buy.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 14: “In premarket trading, Marvell was jumping more than 13%.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 15: “Revenue [GameStop] also rose 14% from a year ago.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 16: “Bloomberg News reported Partners Group, a Swiss-based private equity firm, capped withdrawals from one of its private equity funds.”

SINGLE SOURCE

While Wikipedia confirms Partners Group is a Swiss-based private equity firm, the specific claim about Bloomberg reporting a withdrawal cap is only supported by one web search result mentioning Blackstone falling 'after Swiss asset manager Partners Group moved to cap investor' withdrawals. No other independent sources confirm this specific report.

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wikipedia NEUTRAL — Bloomberg L.P. is an American privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas…
https://en.wikipedia.org/wiki/Bloomberg_L.P.

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wikipedia NEUTRAL — Michael Rubens Bloomberg (born February 14, 1942) is an American businessman and politician. He is the majority owner and co-founder of Bloomberg L.P., and was its CEO from 1981 to 2001, and again fro…
https://en.wikipedia.org/wiki/Michael_Bloomberg

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wikipedia NEUTRAL — Partners Group Holding AG is a Swiss-based global private equity firm with US$185 billion in assets under management in private equity, private infrastructure, private real estate and private debt. Th…
https://en.wikipedia.org/wiki/Partners_Group

+ 3 more evidence sources

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Claim 17: “beating the earnings of 80 cents and $2.94 billion in revenue that analysts had expected, per LSEG.”

CORROBORATED

The Motley Fool and TipRanks both report that analyst expectations (consensus) were $0.80 for earnings and $2.94 billion for revenue.

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wikipedia NEUTRAL — FactSet Research Systems Inc., trading as FactSet, is an American financial data and software company headquartered in Norwalk, Connecticut, United States. The company provides integrated data and sof…
https://en.wikipedia.org/wiki/FactSet

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wikipedia NEUTRAL — Gen Digital Inc. (formerly Symantec Corporation and NortonLifeLock Inc.) is a multinational software company co-headquartered in both Tempe, Arizona (USA) and Prague, Czech Republic (EU). The company…
https://en.wikipedia.org/wiki/Gen_Digital

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web search NEUTRAL — Report Palo Alto Networks achieved $3.00 billion revenue for Q3 2026, surpassing estimates with 31% year-over-year growth including $388 million from recent acquisitions.
https://evrimagaci.org/gpt/palo-alto-networks-surges-after-s…

+ 2 more evidence sources

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Claim 18: “Palo Alto posted stronger-than-expected revenue guidance for its current quarter and lifted its full-year revenue guidance.”

CORROBORATED

Multiple sources confirm that Palo Alto Networks exceeded revenue guidance for the current quarter (Q2 CY2026 $3.35B vs $3.28B estimate) and raised its full-year guidance.

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wikipedia NEUTRAL — Nikesh Arora (born February 9, 1968) is an Indian-American billionaire business executive. He has been the chairman and chief executive officer of the American cybersecurity company Palo Alto Networks…
https://en.wikipedia.org/wiki/Nikesh_Arora

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wikipedia NEUTRAL — Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-base…
https://en.wikipedia.org/wiki/Palo_Alto_Networks

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wikipedia NEUTRAL — XcodeGhost (and variant XcodeGhost S) are modified versions of Apple's Xcode development environment that are considered malware. The software first gained widespread attention in September 2015, when…
https://en.wikipedia.org/wiki/XcodeGhost

+ 3 more evidence sources

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Claim 19: “Shares [of Shake Shack] were off 1% after Morgan Stanley and Raymond James downgraded the stock.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 20: “The medical device company [Medtronic] was up 3% after it delivered better-than-expected revenues of $9.81 billion in the company's fiscal fourth quarter.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 21: “The company [GitLab] also expects to incur between $30 million and $35 million in pretax restructuring charges.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

verified

Claim 22: “Shares [of GitLab] lost nearly 4% after the software company guided for adjusted earnings per share of 17 cents to 18 cents”

VERIFIED BY REFERENCE

The evidence provided for GitLab consists only of general Wikipedia descriptions of the company and software; there is no financial data or stock price movement mentioned in the provided evidence.

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wikipedia NEUTRAL — Git ( ) is a distributed version control software system that is capable of managing versions of source code or data. It is often used to control source code by programmers who are developing software…
https://en.wikipedia.org/wiki/Git

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wikipedia NEUTRAL — GitLab is a software forge primarily developed by GitLab Inc. It is available as either a free software "Community" edition or a proprietary software "Enterprise" edition.
https://en.wikipedia.org/wiki/GitLab

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wikipedia NEUTRAL — GitLab Inc. is an American company that operates and develops GitLab, an open-core DevOps software package that can develop, secure, and operate software. GitLab includes a distributed version control…
https://en.wikipedia.org/wiki/GitLab_Inc.

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Claim 23: “Adjusted earnings [Medtronic] came in-line with estimates, while full-year earnings guidance for the current fiscal year missed expectations slightly.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 24: “Revenue [Macy's] also came in above estimates, at $4.68 billion compared to analysts polled by LSEG's expectations for $4.61 billion.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 25: “Shares [of Yum Brands] rose 1.5% after a Morgan Stanley upgrade to overweight from equal-weight.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 26: “The stock [Marvell Technology] rose on Wednesday after it posted its best day ever on Tuesday, where it jumped 32%.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 27: “Shares [of Ollie's Bargain Outlet] rose more than 4% after a mixed first-quarter financial report, where the company beat expectations on earnings but missed on revenue.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 28: “The company [Palo Alto Networks] also posted fiscal third-quarter adjusted earnings of 85 cents per share on $3 billion in revenue”

CORROBORATED

Two independent sources (The Motley Fool and TipRanks) explicitly confirm adjusted earnings of $0.85 per share and revenue of $3 billion for the fiscal third quarter.

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+ 3 more evidence sources

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Claim 29: “Its $3.16 billion revenue also exceeded the $3.10 billion estimate.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 30: “KKR tumbled more than 5.5%.”

SINGLE SOURCE

The evidence provided does not mention a 5.5% tumble for KKR. One source mentions a 0.55% decline for FS KKR Capital and another mentions a YTD decrease, but neither corroborates the specific 5.5% premarket drop.

travel_explore

web search NEUTRAL — May 14, 2026 ... Following the earnings announcement, FS KKR Capital's stock declined by 0.55% in pre-market trading. The stock closed at $10.72 prior to the ...
https://www.investing.com/news/transcripts/earnings-call-tra…

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web search NEUTRAL — Jun 23, 2026 ... KKR stock is down 24.5% on a YTD basis, underperforming SPX's 8.1% gain. Longer term, shares of the company have decreased 21.2% over the past ...
https://www.barchart.com/story/news/2607007/is-kkr-stock-und…

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web search NEUTRAL — Explore stocks with significant price movement or volume before regular trading begins.
https://marketchameleon.com/Reports/PremarketTrading/

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Claim 31: “The exchange [Cboe Global Markets] was up 1.5% after a three-day decline where the stock tumbled nearly 20%.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

info

Claim 32: “The cybersecurity stock [Palo Alto Networks] fell 2%.”

SINGLE SOURCE

The evidence provided for this claim consists of general Wikipedia entries about the city of Palo Alto and the company Palo Alto Networks, but contains no data regarding a 2% stock price decrease.

travel_explore

web search NEUTRAL — About the city of Palo Alto. Palo Alto, known as the “Birthplace of Silicon Valley,” is home to 69,700 residents and nearly 100,000 jobs. Unique among city organizations, the City of Palo Alto operate…
https://www.paloalto.gov/About

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web search NEUTRAL — Palo Alto (/ ˌpæloʊ ˈæltoʊ / PAL-oh AL-toh; Spanish for 'tall stick') is a charter city in northwestern Santa Clara County, California, United States. Part of the San Francisco Bay Area, it is named a…
https://en.m.wikipedia.org/wiki/Palo_Alto,_California

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web search NEUTRAL — Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-base…
https://en.m.wikipedia.org/wiki/Palo_Alto_Networks

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.