IBM(IBM) shares edged up 0.3% to $187.91 after billionaire investor Warren Buffett announced he was upping his stake in the company. He paid, on average, $170 a share for a 5.5% stake worth about $10.7 billion.
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>>View Warren Buffett's Portfolio Amazon(AMZN) shares jumped 1.1% to $219.75 after the company revealed it is shipping its Kindle Fire tablet a day earlier than expected. The 7-inch tablet, which is retailing for $199, is intended to compete with Apple's(AAPL) iPad. Netflix(NFLX) shares dropped 2.2% to $85.79 as the video streaming company announced an agreement with Lionsgate for streaming rights to the studio's films in the U.K. and Ireland. The service is expected to launch next year. Groupon(GRPN) shares fell 1.8% to $23.81 after receiving a sell rating from Northcoast Research. The deals site, which went public earlier this month, is trading below the $28 it opened at following its initial public offering. >To submit a news tip, send an email to: tips@thestreet.com.
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