Check out the companies making headlines before the market opens. Boeing Co. – Shares fell more than 1% after NASA announced on Saturday that it would ask SpaceX to bring back two astronauts from the International Space Station. Boeing says its Starliner can safely fly astronauts home in the event of an emergency, despite repeated delays in returning. NASA said its risk assessment differed from Boeing’s. PDD Holdings — Temu parent company shares fell 16% on disappointing second-quarter results. The Chinese online retailer reported revenue of 97.06 billion yuan, compared with FactSet’s forecast of 100.17 billion yuan. Management said pressure on revenue growth is likely to continue due to increased competition and other headwinds. BJ’s – Shares of BJ’s rose more than 1% after JPMorgan upgraded the wholesaler to neutral from underweight as it reinvests in its business and benefits from consumer markdown trades. Planet Fitness — Baird maintained its overweight rating and added a “bullish” rating on Planet Fitness through the end of the year, sending the stock up 1.5%. The company said it sees gym chains as an attractive business in a slowing growth environment. Petrobras — Shares of the U.S.-listed Brazilian oil giant rose 2.3% after Morgan Stanley upgraded the company to overweight from equal weight. The bank credits its new chief executive and chief financial officer with strategic continuity and the reintroduction of a special dividend. SolarEdge Technologies — Shares of SolarEdge rose more than 6% after the company announced the resignation of CEO Zvi Lando, effective immediately. Ronen Faier, who previously served as chief financial officer, has been named interim chief executive. —CNBC’s Sarah Min, Michelle Fox and Samantha Subin contributed reporting
