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After-hours movers: Cisco Systems and Chubb rise, and more

May 15, 2024 4:41 PM

After-Hours Stock Movers:

Cisco Systems (NASDAQ: CSCO) rose 4.9% after it published results for its third quarter, along with guidance. Revenue and revenue guidance beat estimates, with notable strength in security revenue.

Chubb Corp. (NYSE: CB) roses 5% after Warren Buffett's Berkshire Hathaway disclosed a $6.7 billion stake in the insurer. Buffett's stake had been a mystery.

GameStop (NYSE: GME) declined 5%, extending an intraday slump of 19% as the meme rally fizzled. AMC Entertainment (NYSE: AMC) was lower by another 4.5% after-hours after falling 20% during the regular session.

Gates Industrial Corporation plc (NYSE: GTES) fell 3.4% after announcing a 17.5 million share secondary offering of shares.

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