Midday Movers: SOHU, EBAY & More

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Take a look at some of Wednesday's midday movers:

Stock markets struggled to hold gains one day after the Dow closed at a record high.

Materials and financials led the S&P 500 large cap sectors, while telecom services and energy the biggest laggards.

SPDR Financial ETF hit a 52-week high ahead of the Fed's preliminary results of its stress tests on the 18 largest U.S. lenders Thursday.

Sohu.com traded lower on higher than normal 10-day average volume in response to a story in the South China Morning Post that the Chinese online media and gaming company said it is not in talks to take the company private or delist from the Nasdaq.

Ebay was the second-worst performer on the Nasdaq after an analyst at Baird made comments about a modest slowdown in growth last month.

Fresh Market hit a 52-week low after the specialty retailer's fourth-quarter earnings missed estimates and its profit guidance disappointed investors.

TripAdvisor traded at its all-time high.

American Eagle Outfitters delivered in-line numbers for the fourth-quarter, but traded lower after the specialty retailer warned that mall traffic in its current quarter is "not as robust" as it would like.

—By CNBC's Lori Spechler

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