Take a look at some of Wednesday's midday movers:
Delta Airlines moved lower after the airline lowered its passenger per average seat mile for the third quarter. American, United, JetBlue and Southwest fell in tandem.
Netflix hit a record high after the media streaming giant struck a deal with Time Warner's Warner Bros. unit to secure streaming rights for the TV drama "Gotham."
Infinity Pharmaceuticals soared on news the company said it would receive an upfront payment of $275 million from the drug research company Abbvie as part of a new collaboration to develop and commercialize a treatment for blood cancer.
Amazon fell on news that the e-commerce giant's chief financial officer, Thomas Szkutak, will retire in June 2015 amid growing investor concerns over the company's increased spending and lack of profit.
Apple lost ground as Pacific Crest . In addition, Samsung announced it had teamed with Facebook's Oculus to bring virtual reality to its .
Verizon edged higher after the telecommunications firm agreed to pay $7.4 million to settle a consumer privacy investigation with the Federal Communications Commission.
Noble Corp rose as hedge fund Fir Tree Partners reported that it had raised its stake in the offshore driller to 9.6 percent from 5.7 percent.
China Mobile moved higher as the Asian telecommunications company began taking preorders for Apple's iPhone 6 in Beijing.
Tetraphase advanced on news the drugmaker's experimental drug to treat urinary tract infection was successful in a late stage study.
Zoetis gained ground after the animal health company received a conditional license from the U.S. Department of Agriculture for a vaccine against a deadly piglet virus.
Keurig Green Mountain and Coca-Cola both rose as the beverage firms expanded their deal to sell iced tea pods.
—By CNBC's Rich Fisherman