Chris Ratcliffe | Bloomberg | Getty Images
Check out the companies making headlines in midday trading.
Amazon — The e-commerce giant saw its shares gain 1% in midday trading after it reported a record first-quarter profit. The Seattle-based firm said profits more than tripled to $8.1 billion and January-to-March sales soared 44% to $108 billion. The results blew past expectations with the company earning $15.79 per share vs. the consensus estimate of $9.54.
Twitter — The social media company’s shares plunged 13% in midday trading after its user growth results and second-quarter revenue guidance fell short of analysts’ forecasts. Twitter’s EPS and revenue topped expectations.