Stocks making the biggest moves midday: Zscaler, Marvell Technology, DoorDash and more

Check retired the companies making headlines successful midday trading.

Zscaler – The unreality information company's shares dipped 11% pursuing its quarterly net report, contempt Zscaler posting beardown results. Earnings and gross were stronger than analysts' expectations. The institution besides forecast better-than-expected net and gross for its fiscal 2nd 4th and afloat year.

Marvell Technology – The semiconductor banal fell 4% aft the institution reported weaker-than-anticipated net and gross for the astir caller quarter. Its outlook for gross for the 4th fourth besides came successful little than analysts expected.

DoorDash – Shares of the nutrient transportation work relation fell much than 2% pursuing a downgrade from RBC Capital Markets. The steadfast cited slowing bid growth, calling it "too important to ignore," and intensifying contention from Uber.

Asana – Shares of the enactment absorption level relation plunged astir 11% aft the institution reported a nonaccomplishment for the astir caller quarter, though it was narrower than expected. The institution besides issued weaker-than-expected guidance for fourth-quarter revenue.

PagerDuty – Shares of the IT institution roseate much than 7% aft it reported a flimsy nett for the 3rd quarter, beating analysts' expectations of a loss. Its gross came successful amended than expected.

Enphase Energy – Shares of vigor sanction Enphase surged 6% Friday and deed a 52-week precocious aft the institution announced it launched a group of microinverters successful Europe.  

Horizon Therapeutics – Shares of Horizon Therapeutics jumped 3.2% aft Sanofi reportedly said that if it decided to marque a bid for the biotech company, it would beryllium an all-cash offer. Earlier this week, Horizon said its committee was engaged successful preliminary discussions with 3 pharma giants for imaginable takeover offers.

SolarEdge - Shares of the cleanable vigor institution climbed 5.3% aft the Commerce Department released a preliminary study that said Chinese star manufacturers person been circumventing tariffs. Israel-based SolarEdge was not named successful the announcement.

Chinese stocks – Shares of Chinese retail stocks Baidu gained 5% portion JD.com and Pinduoduo roseate 6.4% and 4.6% respectively arsenic signals of easing Covid restrictions successful China calmed investors. NetEase, a Chinese net company, besides gained 4.6%.

Intel – Shares of Intel slumped 3% aft the chipmaker offered its unit successful Ireland 3 months of unpaid permission arsenic a cost-cutting measure, the Financial Times reported.

Salesforce - Shares of the bundle elephantine fell much than 2%, extending its nonaccomplishment of much than 8% Thursday aft co-CEO Bret Taylor announced helium was leaving the company. Wolfe Research downgraded Salesforce to adjacent execute from outperform, saying the institution is facing respective hurdles successful summation to the unit connected the tech industry.

— CNBC's Tanaya Macheel, Michelle Fox and Jesse Pound contributed reporting