Darden hits new high on REIT plan; BlackBerry's bright spot; Green Dot soars on Walmart deal

Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.

BlackBerry (BBRY) shares are on the move in early trading. The smartphone maker reported a wider-than-expected loss in the first quarter and revenue also missed estimates. But its software and technology licensing revenue jumped more than 150% in its first quarter.

Darden Restaurants (DRI) shares are soaring this morning. The owner of Olive Garden and other restaurant chains is joining the growing list of companies that are spinning off their real estate assets to raise cash and pay down debt.  Darden said it would transfer 430 of its restaurants into a publicly traded real estate investment trust, and then lease back most of the properties. The company made the announcement after reporting better-than-expected earnings and revenue in its fiscal fourth quarter.

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Sonic (SONC) shares are sharply lower in early trading. The drive-in restaurant chain raised its outlook for the year, but warned the "macroeconomic environment may impact results." The company also reported earnings per share that met analysts' estimates for its fiscal third quarter. Revenue came in slightly above forecasts, rising 8% from a year earlier.

Green Dot (GDOT) shares are seeing plenty of green this morning after the company reached a new five-year deal with Walmart (WMT) to issue and manage the retailer's prepaid reloadable debit cards. Separately, Green Dot also announced a $150 million stock buyback.