Check out the companies making headlines in midday trading. General Motors — Shares rose more than 4% after the automaker exceeded analysts' expectations for its first-quarter results . General Motors posted adjusted earnings of $2.62 per share on revenue of $43.01 billion. Analysts had anticipated earnings of $2.15 per share and revenue of $41.92 billion, according to LSEG. The company also raised its forecast for adjusted automotive free cash flow to between $8.5 billion and $10.
The provider of investment indexes dropped 13% after reporting revenue that missed Wall Street's estimates. In the first quarter, MSCI posted $680 million in revenue, while analysts polled by FactSet forecast $685.5 million. Earnings came in at $3.52 a share, surpassing expectations by 5 cents. — CNBC's Michelle Fox, Sarah Min and Jesse Pound contributed reporting.
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