Stocks making the biggest moves midday: Intel, Nio, Super Micro Computer and more

Check out the companies making headlines in midday trading. Nio — U.S. shares of the Chinese electric vehicle maker popped 2% after a JPMorgan upgrade to overweight from neutral. The firm said Nio could be in for a recovery rally after a tough year so far. Super Micro Computer – Shares shed 6% after JPMorgan downgraded artificial intelligence server producer to neutral from overweight, saying there is no reason to buy the stock while uncertainty exists around regaining regulatory compliance.

5 million in revenue, above the 54 cents per share and $283.8 million analysts had expected, per FactSet. The company's full-year revenue forecast also surpassed expectations. UiPath – The software stock slid more than 5% amid the tech-led market sell-off Friday. UiPath's better-than-expected fiscal second-quarter adjusted earnings and revenue were unable to give the stock a boost. The company also expanded its stock repurchase program.

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