A bottle of Diet Coke is pulled for a quality control test at a Coco-Cola bottling plant in Salt Lake City, Utah.
George Frey | Getty Images
Check out the companies making headlines in midday trading.
Coca-Cola — Coca-Cola gained 2.5% after the beverage giant gave an optimistic view about its future. The company said it expects demand to improve moving forward after states eased quarantine and lockdown measures. For the second quarter, however, Coca-Cola reported a 33% year-over-year drop.
IBM — IBM shares rose 1% on the back of better-than-expected quarterly results. The company posted an adjusted profit of