Stocks making the biggest moves after hours: Cisco, Ulta, Nike and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 54%
  • Publisher: 72%

Regwall-Marketmovers News

Lumentum Holdings Inc,Nike Inc,Snowflake Inc.

These are the stocks posting the largest moves in extended trading.

Check out the companies making headlines in after-hours trading. Cisco Systems — The stock jumped 6% after the networking company reported an earnings and revenue beat for its fiscal fourth quarter, and also issued an optimistic forecast. Cisco posted adjusted earnings of 87 cents per share on revenue of $13.64 billion, while analysts polled by LSEG expected it to earn 85 cents per share on revenue of $13.54 billion.

Ulta Beauty — Shares popped about 12% after Warren Buffett's Berkshire Hathaway's 13F regulatory filing revealed the conglomerate took a new stake in the cosmetics company worth $266 million, a small position for Berkshire. Snowflake — The cloud company's shares slipped 1% after Berkshire Hathaway entirely dissolved its stake in Snowflake in the second quarter, according to its latest regulatory filing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines