FireEye Surrenders Most Of Early Gains After Q2 Beat

FireEye Inc FEYE shares are trading higher by 15 cents at $14.84 in Wednesday's session. After a higher open, it peaked at $15.96, which coincides with a pair of highs it made in that area on July 26 ($16.15) and July 27 ($15.99) and reversed course.

The ensuing decline did not find support until it went 9 cents below Tuesday's low ($14.42), reaching $14.33 and mounted a rebound. At this time (3 p.m. ET), the rally of that low has been capped at $15.04.