Stocks making the biggest moves premarket: Farfetch, Deere, Applied Materials and more

cnbc.com:

Check out the companies making headlines before the bell.

Foot Locker — Shares tumbled more than 23% following a disappointing quarterly results announcement from Thursday after the bell. The shoe retailer missed analysts' expectations on both earnings and revenue in the first quarter. 

Disney — The company's stock fell 0.9% in premarket trading. Earlier on Friday, Macquarie Research downgraded Disney stock to neutral from outperform over uncertainties surrounding the growth of its streaming services.

Nike — Shares fell by more than 2% on news that the company may face more than $530 million in fines for misclassifying thousands of independent contractors, according to a report from The Guardian. 

Bath & Body Works — Shares drew back by 2.2% after surging 10.7% during the previous trading session. The longtime mall shop posted better-than-expected earnings for the fiscal first-quarter and raised its full-year guidance in its earnings announcement on Thursday.

Catalent — The drug maker's shares fell by almost 6% after delaying its fiscal third-quarter earnings announcement Friday before the bell. Catalent lowered its full-year earnings and revenue guidance ahead of its business update call. 

Applied Materials – Shares of the chip maker slipped more than 1% premarket despite the company posting earnings and revenue for the most recent quarter that beat expectations on Wall Street. It also issued upbeat guidance for the third quarter.

Farfetch — The luxury fashion platform's stock soared 25.5% Friday morning. The company's first-quarter earnings of 43 cents per share missed analysts' estimates from Refinitiv by 1 cent. However, its revenue of $556 million was higher than Wall Street's expectations of $513 million. 

DXC