NurPhoto | Getty Images— Cisco shares fell more than 6% in after-hours trading despite reporting fiscal fourth-quarter profit and revenues that topped analysts' expectations. The results, though better than what analysts polled by Refinitiv had anticipated, marked the first annual sales decline in three years. Investors may have positioned to sell the Dow component after Cisco said that it sees first-quarter revenues down 9% to 11% and associated per-share earnings between 41 and 47 cents.
— Shares of Vroom, an online used car seller, sank 13% in after-hours trading after its outlook missed Wall Street's estimates. The company expects a loss of 42 cents to 37 cents per share on revenue of $268 million to $290 million in the third quarter, short of expectations for loss of 36 cents a share on revenue of $344.6 million. Vroom, one of 2020's more-successful initial public offerings, is up 40% over the last month.