Shoppers leave a Nike store along the Magnificent Mile shopping district with a purchase on December 21, 2022 in Chicago, Illinois.
Scott Olson | Getty Images
Check out the companies that made the biggest moves in premarket trading:
Nike — Shares fell nearly 3% after the sportswear giant reported a profit loss for the first time in three years. Nike’s fiscal fourth-quarter earnings were 66 cents per share, compared to the consensus estimate of 67 cents per Refinitiv. However, sales exceeded expectations.
Carnival — Cruise Line shares rose 3% in premarket trading after Jefferies upgraded Carnival to buy from hold. Jefferies cited changes during new CEO Josh Weinstein’s first year in office and improving leverage as reasons for optimism about the stock.
Savers Value Village — Shares were down 2% in premarket trading afterward. they jumped 27% during the first day of trading. Thursday. The largest for-profit U.S. savings operator priced shares at $18, closing at $22.91.
The energy of dominance — Shares fell nearly 2% after the company revised its second quarter operating profit margin to 44 cents to 50 cents per share, down from 58 cents to 68 cents per share. Dominion Energy blamed historically mild weather and unplanned outages at the Millstone plant.
Constellation Brands — The Corona and Pacifico owner fell 1.6% despite reporting higher profit. Adjusted earnings per share for the first quarter came in at $2.91, beating the $2.83 expected by analysts at StreetAccount. Revenue was $2.52 billion versus $2.47 billion expected.
— CNBC’s Sam Subin, Jesse Pound and Alex Harring contributed reporting.