Friday, June 24News That Matters

Tag: Cisco

Stocks making the biggest moves after hours: Lyft, Cisco, Vroom & more

Cisco logo exhibited during the Mobile World Congress, on February 28, 2019 in Barcelona, Spain.NurPhoto | Getty ImagesCheck out the companies making headlines after the bell: Cisco Systems — 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. Lyft — Shares of ride-hailing service Lyft dropped more than 1% after the closing bell following the release of the co...