• Ciena Corporation (CIEN) shares rose 1.2% after the company reported fourth-quarter earnings of 75 cents per share, beating the Zacks Consensus Estimate of 68 cents.

• Merck & Co., Inc. (MRK) shares fell 1.7% due to the failure of its immunotherapy combination in a lung cancer study.

• Verint Systems Inc. (VRNT) shares jumped 19% after the company reported third-quarter revenues of $218.5 million, outpacing the Zacks Consensus Estimate of $216.3 million.

• Shares of Oxford Industries, Inc. (OXM) gained 3.9% after the company reported third-quarter 2023 revenues of $326.63 million, surpassing the Zacks Consensus Estimate of $325.7 million.

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