Check out the companies making headlines in midday trading.
DoorDashdowngrade from RBC Capital Markets. The firm cited slowing order growth, calling it “too important to ignore,” and intensifying competition from Uber.
Enphase Energygroup of microinverters in Europe.
Horizon Therapeuticsan all-cash offer. Earlier this week, Horizon said its board was engaged in preliminary discussions with three pharma giants for potential takeover offers.
SolarEdgeChinese solar manufacturers have been circumventing tariffs. Israel-based SolarEdge was not named in the announcement.
Chinese stocks – Shares of Chinese retail stocks BaiduJD.comPinduoduoNetEase
Intelthe Financial Times reported.
Salesforcedowngraded Salesforce to peer perform from outperform, saying the company is facing several hurdles in addition to the pressure on the tech industry.
— CNBC’s Tanaya Macheel, Michelle Fox and Jesse Pound contributed reporting