Fitbit, Etsy and Zagg surge, Kate Spade and Crocs tumble

NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Wednesday:

Fitbit Inc., up $1.77 to $14.93

The fitness tracker maker’s stock rebounded from steep losses over the last year after it reported strong quarterly results.

Etsy Inc., up $1.13 to $13.84

The online crafts marketplace said second-quarter sales were better than expected and raised its sales and other projections for the year.

Zagg Inc., up 67 cents to $7.03

The mobile device accessory maker posted an adjusted profit while analysts expected a loss, and sales were better than expected.

Hanesbrands Inc., up 89 cents to $45.50

The underwear, t-shirt and sock maker posted disappointing results for the second quarter.

Crocs Inc., down $2.56 to $8.44

The footwear company reported weak sales in the second quarter and said it expects overall revenue to shrink this year.

Kate Spade & Co., down $3.67 to $16.47

The clothing, handbag and accessories accompany disclosed weak results and lowered its estimates for the year.

American International Group Inc., up $3.96 to $58.10

The insurance company led financial stocks higher after its strong second-quarter report.

IntercontinentalExchange Group Inc., up $14.09 to $278.02

The owner of the New York Stock Exchange said it will split its stock 5-for-1 and buy back $1 billion in shares.