Luxury fashion items are displayed next to tablet devices during the opening of Farfetch’s ‘Store of the Future’ pop-up exhibition at the Design Museum in London, Britain, Wednesday, April 12, 2017.
Luke McGregor | Bloomberg | Getty Images
Check out the companies making headlines before the market close.
locker — Shares fell more than 23% after disappointing quarterly results after the close on Thursday. The footwear retailer missed analysts’ estimates for earnings and revenue in the first quarter.
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disney — Shares in the company fell 0.9 percent in premarket trading. Earlier Friday, Macquarie Research downgraded Disney stock to neutral from outperform due to uncertainty surrounding the growth of its streaming service.
nike — Shares fall more than 2% on news the company may face Over $530 million in fines Thousands of independent contractors have been misclassified, according to a report in The Guardian.
Bath and Body Products — Shares retreated 2.2 percent after surging 10.7 percent in the previous session. The venerable mall store reported better-than-expected first-quarter earnings and raised its full-year guidance in Thursday’s earnings announcement.
Catalent — Shares of the drugmaker fell nearly 6% after delaying the release of its fiscal third-quarter earnings before the market opened on Friday. Catalent lowered its full-year earnings and revenue guidance ahead of its business update call.
Applied Materials – Shares of the chipmaker fell more than 1% premarket even as the company topped Wall Street estimates for earnings and revenue in its most recent quarter. It also issued upbeat guidance for the third quarter.
D — Shares of the luxury fashion platform soared 25.5% Friday morning. The company earned 43 cents a share in the first quarter, missing analysts’ estimates by Refinitiv by 1 cent. However, its revenue of $556 million topped Wall Street expectations of $513 million.
DXC technology – Shares of the IT company fell 3.5% after the release of its latest financial results. DXC reported revenue that missed analysts’ expectations on FactSet, while earnings were roughly in line. It also announced the departure of CFO Ken Sharp later this year.
Bloom energy—— The clean energy stock jumped 6.2% in premarket trading after JPMorgan Chase & Co. raised its rating to overweight from neutral, saying the stock presents a buying opportunity after recent losses.
Dill — Shares of the tractor maker rose nearly 4% after the tractor maker said its fiscal second-quarter earnings and revenue beat expectations. Deere reported earnings of $9.65 per share on revenue of $17.39 billion. Analysts polled by Refinitiv had expected earnings of $8.59 a share on revenue of $14.83 billion.
digital generation — Gen Digital rose 1.5 percent after Evercore ISI initiated an outperform rating on the cybersecurity company. Analyst Peter Levine said the company has become “the leading consumer cybersecurity platform.”
— CNBC’s Alex Harring, Sarah Min, Tanaya Macheel and Brian Evans contributed reporting
