Facebook’s logo displayed on a phone screen and keyboard.
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Check out the companies making headlines in midday trading.
Ford — Shares of the automaker fell more than 9% on Thursday after Ford said it expected to lose half of its second-quarter production due to the global semiconductor shortage. The company did beat expectations on the top and bottom lines for the first quarter.
Facebook — The social network saw its stock pop 5.3% in midday trading after it reported first-quarter revenue of $26.17 billion, a 48% increase compared with a year prior, thanks to pricier ads. Facebook also reduced its forecast for capital expenditures for the year to…