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Actionable news in GPS: THE GAP Inc,

Early movers: YHOO, ULTA, CBS, LNKD, MET, AZN, LLY & more

Check out which companies are making headlines before the bell:

Under Armour — A two-for-one stock split takes effect Friday for the apparel maker's shares. Holders will get two shares of a new non-voting class "C" for every share of the "old" Under Armour (UA) they now hold.

Yahoo — Sources tell CNBC that Verizon may come forth with a bid for Yahoo as soon as next week, while there have been reports of interest from companies like Alphabet and Time as well as private equity firms Bain and TPG.

Ruby Tuesday — Ruby Tuesday reported adjusted quarterly profit of 3 cents per share, 2 cents below estimates, while the restaurant chain's revenue also missed forecasts. The company cites weather factors as cutting into sales, and also cut its annual outlook.

Gap — Gap reported March comparable store sales fell 6 percent, with the apparel retailer calling the month "challenging." The parent of Gap, Banana Republic, and Old Navy said it was taking steps to improve its results throughout its brand portfolio.

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