Stock futures posted modest gains Friday after the S&P 500 snapped a three-session losing streak.

These stocks were poised to make moves Friday:

Tesla Motors was falling 2.4% in premarket trading after shares jumped 22% on Thursday for the stock's best one-day gain in more than 11 years following better-than-expected quarterly earnings and operating profit margins from the electric-vehicle maker. Tesla's market capitalization soared $150.3 billion on Thursday, a record for the company, according to Dow Jones Market Data. Tesla closed Thursday with a market value of $836.2 billion.

Shares of Capri Holdings Ltd , the owner of luxury brand Michael Kors, sank 45% in premarket trading after a judge granted the Federal Trade Commission's request to block the company's intended merger with competitor Tapestry, which announced plans to acquire Capri in August 2023. The FTC filed a suit seeking to block the $8.5 billion merger in April 2024, arguing that the acquisition would curb competition in the market for less expensive handbags. Shares of Tapestry, which owns brands such as Coach and Kate Spade, were rising 12%.

Western Digital swung to a profit in its fiscal first-quarter and adjusted earnings at the data storage company topped analysts' expectations as cloud sales rose 153% from a year earlier. "With the continued proliferation of the AI Data Cycle, our Flash and HDD product portfolios are well-positioned to capitalize on significant opportunities as adoption continues to grow," said Chief Executive David Goeckeler. The stock jumped 11%.

Spirit Airlines, which has been exploring a bankruptcy filing, will cut staff, reduce its flight schedule and sell 23 planes for about $519 million. The struggling budget carrier said cost-cutting moves that will go into effect early next year would save it $80 million. Shares were rising 14%.

Deckers Outdoor surged 14% after the parent company of Hoka sneakers and Ugg boots reported fiscal second-quarter earnings and revenue that smashed analysts' estimates. Sales rose 20% from a year earlier to $1.31 billion. Hoka sales surged 35% and Ugg sales rose 13%. Deckers also issued a forecast that called for a 12% sales increase in fiscal 2025.

Skechers USA rose 6.3% after third-quarter sales at the shoe company rose 16% to $2.35 billion and beat Wall Street estimates of $2.31 billion. Adjusted earnings of $1.20 a share also topped forecasts.

Coursera, Inc. tumbled 19% after the online learning platform cut revenue guidance for the year and said it would reduce its global workforce by about 10% as part of a plan to trim expenses. The company said it expects revenue for the year of $690 million to $694 million, below its prior guidance of $695 million to $705 million.

Earnings reports are expected Friday from Colgate-Palmolive, Hca Healthcare Inc, Centene, and AutoNation.