Stocks Making Biggest Moves After Hours
Cisco Systems, Wolfspeed, and More in Post-Market Action
As the trading day draws to a close, certain stocks are making significant moves after hours. These fluctuations, which occur after the regular trading session ends at 4 pm ET, can provide valuable insights for investors seeking to stay ahead of the curve.
Cisco Systems Surges After Strong Earnings
One of the notable gainers in after-hours trading is Cisco Systems (CSCO), a leading provider of networking equipment. The company's stock rose 5.6% after reporting solid second-quarter earnings that beat analysts' expectations.
Synopsys and Wolfspeed Post Impressive Gains
Synopsys (SNPS), a semiconductor design software company, and Wolfspeed (WOLF), a provider of power and radio frequency devices, also saw significant post-market gains. SNPS rose by 4.1%, while WOLF climbed 3.6%.
Keep an Eye on These Movers
Investors should keep an eye on these stocks as they continue to trade after hours. Post-market movements can sometimes foreshadow the direction of the stock in the following trading day, providing opportunities for strategic trading decisions.
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