After-hours movers: Cisco, Twilio, AppLovin, SoundHound AI
After-Hours Stock Movers:
Cisco Systems (NASDAQ:CSCO) declined 5% after it lowered its EPS and revenue guidance for the year. It also announced plans to reduce its workforce by 5%.
Twilio (NYSE:TWLO) declined 9% despite publishing better than expected fourth quarter results. Weakness following guidance for the first quarter that trailed estimates.
AppLovin (NASDAQ:APP) climbed 11% after it reported strong fourth quarter results and raised guidance.
Fastly, Inc. (NYSE:FSLY) declined 20% after reporting fourth quarter revenue that fell short of expectations.
SoundHound AI (NASDAQ:SOUN) surged 40% after an SEC filing from NVIDIA (NASDAQ:NVDA) showed a 1.73 million share stake.
JFrog Ltd. (FROG) gained 14% after it beat estimates on the top and bottom line.
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