Several notable companies, including Under Armour, Zillow, and Expedia, are experiencing significant premarket movements.

Check out the companies making headlines before the bell:

Under Armour reported an adjusted quarterly profit of 14 cents per share, exceeding expectations by 100%, due to higher revenue. Despite supply chain challenges, the company's gross margins are expected to fall by 200 basis points in the current quarter. As a result, Under Armour's stock price decreased by 2.6% in premarket trading.

The household products maker's stock increased by 1.2% in premarket trading after reporting better-than-expected profit and revenue. Additionally, the company issued an optimistic profit forecast. The company, which produces brands such as Mr. Coffee, Crock-Pot, and Sunbeam, earned an adjusted 42 cents per share in the latest quarter, 10 cents above estimates.

Despite an $881 million loss on its now-shuttered home-flipping business, Zillow reported better-than-expected revenue and an adjusted quarterly loss of 42 cents per share, compared with a projected loss of $1.07. Zillow shares surged 13.2% in the premarket.

Expedia reported an adjusted earnings per share of $1.06 for its latest quarter, surpassing the 69-cent consensus estimate, despite revenue falling short of analyst predictions. Despite the Covid-related impact on travel bookings, Expedia stated that the severity and duration of the impact were less than in previous Covid waves. Expedia's stock price increased by 4.6% in premarket trading.

Aurora Cannabis reported better-than-expected cannabis sales during its latest quarter, marking the first time it has been able to surpass analyst estimates in over a year. Despite this, the company reported a quarterly loss of $59 million, which is significantly less than the same period last year. As a result, the stock dropped 4.6% in premarket trading.

Zendesk rejected a takeover bid of $127 to $132 per share from private equity firms, and will proceed with its acquisition of SurveyMonkey parent Momentive Global, despite pressure from activist investor Jana Partners to abandon the deal. Zendesk rose 2.7% in the premarket, while Momentive Global jumped 7.9%.

GoDaddy surpassed expectations by 11 cents with adjusted quarterly earnings of 52 cents per share and higher-than-anticipated revenue. Additionally, the cloud computing company announced a $3 billion share buyback program. GoDaddy's stock price increased by 5.8% in the premarket.

Yelp surpassed expectations by more than doubling the 14-cent consensus estimate, reporting a quarterly profit of 30 cents per share. Additionally, the online review site operator reported better-than-expected revenue due to the strength of its advertising business. As a result, Yelp's stock price increased by 4.5% in premarket action.

The financial technology company, known for its buy-now-pay-later plans, experienced a 10.4% decline in the premarket after falling 21.4% in Thursday trading. The decline was due to the company's accidental release of its quarterly report and projections of higher transaction volume but lower-than-expected revenue.

The stock of the theme park operator, Cedar Fair, increased by 2.8% in premarket trading after a Bloomberg report stated that private equity firm Centerbridge Partners had acquired a 5% stake. Additionally, Cedar Fair is currently evaluating a $3.4 billion takeover offer from SeaWorld Entertainment.