Midday Market Movers: Palo Alto Networks, Fervo Energy, and Chevron

Palo Alto Networks stock was among the biggest movers in the midday session, climbing as much as 4.5% to $656.98 per share.

The cybersecurity firm has seen its shares fluctuate in recent weeks due to concerns over declining sales and increased competition from rivals.

Meanwhile, Fervo Energy stock surged by as much as 13.6% to $9.99 per share after the company announced a new deal with a major energy producer.

Chevron's stock also made waves, gaining 1.3% to $123.52 per share amid reports of a potential increase in oil prices due to global supply chain disruptions.