NKE, AAPL, D, CCL and more

Check out the companies making the biggest moves in pre-market trading:

nike — Shares fell nearly 3% after the sportswear giant reported lower-than-expected profit for the first time in three years. According to data from Refinitiv, Nike earned 66 cents a share in the fiscal fourth quarter, compared with the consensus estimate of 67 cents. However, revenue beat expectations.

apple — Shares of Apple rose 0.8 percent, with the tech giant on track to be valued at $3 trillion. Previously, Citigroup set a new target price for its stock at $240, the highest on Wall Street.

carnival — Shares of the cruise line rose 3% in premarket trading after Jefferies upgraded Carnival to buy from hold. Jefferies said the changes in new CEO Josh Weinstein’s first year in the job and increased leverage were reasons to be optimistic about the stock.

stored value village — The stock fell 2 percent premarket after rising 27 percent in its first day of trading on Thursday. Shares of the nation’s largest for-profit savings operator were at $18, after closing at $22.91.

dominion energy corp. — The stock price fell nearly 2% after the company adjusted its results Second Quarter Operating Profit Guidance Range Earnings per share fell to 44 cents to 50 cents from 58 cents to 68 cents. Dominion Energy blamed historically mild weather and an unexpected outage at the Millstone power station.

constellation brand — Shares of the parent company of Corona and Pacifico fell 1.6 percent despite reporting earnings that topped expectations. Adjusted earnings per share came in at $2.91 in the first quarter, beating analysts’ expectations of $2.83, StreetAccount reported. Revenue was $2.52 billion, beating estimates of $2.47 billion.

Frey battery — The stock was up 5 percent in premarket trading after rising 11 percent on Thursday. On Thursday, Morgan Stanley upgraded the company’s rating to “overweight” from “equal.”

— CNBC’s Sam Subin, Jesse Pound and Alex Harring contributed reporting.