Below are some of the main news-driven share price changes among U.S.-listed stocks at 2:05 p.m. in New York:
RISERS:
Eleven Biotherapeutics (NASDAQ:EBIO) leaped 80 percent to $4.20, paring an earlier rally to as much as $8.00. The clinical-stage biopharmaceutical company started a late-stage trial for EBI-005.
Wayfair (NYSE:W) surged 28 percent to $48.87 after the online home-goods retailer reported a narrower-than-expected loss in its latest quarter.
Fogo de Chao (NASDAQ:FOGO) fluctuated and was lost down 0.1 percent at $19.99. The Brazilian steakhouse chain reported second-quarter revenue and profit above market expectations.
Fidelity National Information Services (NYSE:FIS) advanced 7.5 percent to $69.94. The payment technology solutions provider will buy financial software maker SunGard for $9.1 billion in cash, stock, and assumed debt.
FALLERS:
Macy’s (NYSE:M) fell 4.1 percent to $64.78 after the largest U.S. department-store chain reported fiscal second-quarter revenue and profit that trailed market expectations and it lowered its full-year sales outlook.
Berkshire Hathaway (NYSE:BRK.A) slipped 1.2 percent to $211,905.00 after Standard & Poor's Ratings Services placed the company’s credit rating on review, citing the cash the conglomerate will spend to buy Precision Castparts (NYSE:PCP) for about $32 billion.
Alibaba (NYSE:BABA) sank 6.2 percent to $72.54. The China-based e-commerce giant reported revenue was below forecasts and its growth was its slowest in more than three years.
Fossil Group (NASDAQ:FOSL) tumbled 1.6 percent to $61.13 after the watch and accessories maker posted downbeat second-quarter revenue and cut its outlook for the year.