Check out the companies making the biggest pre-market moves: Applied Materials — The semiconductor equipment supplier fell about 2% despite reporting better-than-expected second-quarter results on revenue and bottom line. Applied Materials reported quarterly earnings, excluding items, of $2.86 per share on revenue of $7.91 billion. Analysts surveyed by LSEG had expected earnings of $2.66 per share and revenue of $7.65 billion. Semiconductor stocks — Many semiconductor companies fell as the iShares Semiconductor ETF was on track to break its six-week winning streak. Marvell Technology and Intel were both down 4%. ASML and Arm both fell more than 3.5%. Advanced Micro Devices fell nearly 3%. Cerebras Systems — The chipmaker fell 1% after surging 68% in its Nasdaq debut on Thursday. Figma — Shares soared nearly 9% after the collaborative interface design tool posted first-quarter earnings of 10 cents per share on an adjusted basis on revenue of $333 million. Analysts polled by LSEG had expected earnings of 6 cents a share and revenue of $313 million. Magnum Ice Cream — The ice cream and frozen dessert maker soared more than 17% after Reuters reported that Blackstone and CD&R were among the companies considering making a bid for the company. Potential bidders are waiting for summer sales before making any move, Reuters reported. DexCom — The diabetes management company’s stock rose more than 3% after DexCom announced an agreement with Elliott Investment Management to appoint two new independent directors to its board of directors. Boot Barn Holdings — Shares rose more than 8% after the company reported higher sales in its fiscal fourth quarter report. Bootburn reported sales of $531.2 million, compared to expectations of $538.8 million, according to analysts surveyed by FactSet. Profits were also slightly higher than expected. Papa John’s International — Shares rose about 7% after Reuters reported that the company’s largest franchisee was considering buying the company. Irth Capital is working with a franchisee who owns 10% of the company’s domestic operations to take the company private. Gemini Space Station – Winklevoss-owned cryptocurrency exchange soars 20% pre-market after reporting a $100 million strategic investment from Winklevoss Capital Fund. The company also reported better-than-expected first-quarter sales and a narrower loss than analysts expected, according to FactSet. FREEPORT-MCMORRAN — Metals sold off across the board in Friday trading, with mining companies down nearly 4%. Precious metals gold and silver fell more than 2% and 7%, respectively. Industrial metal copper fell nearly 4%. — CNBC’s Sarah Min and Tanaya Macheel contributed reporting
