After-Hours Stock Movers: Cisco, Ibotta, Coherent, and Others See Big Swings

Cisco shares fell nearly 3% after Q4 results slightly beat expectations, posting adjusted earnings of $0.99 per share on $14.67B revenue. Ibotta plunged over 21% as Q2 earnings of $0.08 per share and $86M revenue missed estimates, with weak Q3 guidance. Coherent dropped more than 16% despite beating forecasts with $1.00 per share on $1.53B revenue, announcing a $400M sale of its aerospace and defense unit. Bullish, a crypto exchange, gained over 3% after debuting on the NYSE, opening at $90 (143% above IPO price) and closing at $68, up 84% from its $37 offering price.