U.S. stocks opened mixed early Friday as investors parsed earnings reports. Foot Locker shares moved lower after reporting mixed third quarter results. Earnings of $1.17 a share topped Wall Street's estimates by $0.07. Revenue rose 5.1% year over year to $1.89 billion, matching estimates. Same store sales growth of 4.7% also met expectations. Shares of Abercrombie & Fitch plunged after reporting third quarter earnings of $0.02 a share, missing Wall Street's estimates of $0.20. Same store sales, an important industry metric, declined 6%, while analysts had expected a 3.9% drop. Activist investor Bill Ackman is set to gain some additional powers at Chipotle . As of September, Ackman's Pershing Square Capital Management revealed a 9.9% stake in the burrito chain, but now Ackman is close to a settlement that would give him a voice in the boardroom, according to a report from the Wall Street Journal. Shares of Tesla slipped, but SolarCity shares gained steam after Tesla's shareholders voted to greenlight the planned merger. Some 85% of shareholders voted for the acquisition. TheStreet's Scott Gamm reports from Wall Street.