1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:16,320 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,520 --> 00:00:17,919 Speaker 3: Time now to take a look at some of the 5 00:00:17,920 --> 00:00:21,760 Speaker 3: stocks on the move today. And I'm joined by Bloomberg's 6 00:00:21,760 --> 00:00:24,720 Speaker 3: Battery Titel. You know, sometimes I have the pleasure of 7 00:00:24,720 --> 00:00:28,040 Speaker 3: taking the ferry boat into work Bow and I get 8 00:00:28,240 --> 00:00:30,520 Speaker 3: you sick. There's help on the rido. 9 00:00:31,480 --> 00:00:33,159 Speaker 4: Yeah, I have some great news for you. 10 00:00:33,240 --> 00:00:33,440 Speaker 2: Then. 11 00:00:33,640 --> 00:00:37,480 Speaker 4: Vanda Pharmaceuticals is jumping in pre market of twenty two 12 00:00:37,520 --> 00:00:42,440 Speaker 4: percent because it's gotten FDA approval for its drug and 13 00:00:42,479 --> 00:00:45,240 Speaker 4: the prevention of motion induced sickness. 14 00:00:45,320 --> 00:00:48,559 Speaker 1: It's actually the first drug to be approved for this 15 00:00:48,680 --> 00:00:50,920 Speaker 1: sickness in over forty years. So there's going to be 16 00:00:50,960 --> 00:00:52,840 Speaker 1: a new drug on the market in the coming months 17 00:00:52,880 --> 00:00:56,160 Speaker 1: that perhaps can help you with sickness out at sea, 18 00:00:56,600 --> 00:00:59,280 Speaker 1: maybe sickness in the car when you're driving to Grandma's 19 00:00:59,320 --> 00:01:02,680 Speaker 1: for New Year's Day as well. But it essentially works 20 00:01:02,760 --> 00:01:06,880 Speaker 1: by blocking a brain receptor that's linked to nausea and vomiting. 21 00:01:06,959 --> 00:01:09,680 Speaker 1: So it's around the GLP kind of one technology that 22 00:01:09,800 --> 00:01:13,679 Speaker 1: a lot of that has been used into these weight 23 00:01:13,720 --> 00:01:17,080 Speaker 1: loss drugs. It's now finding a similar use for preventing 24 00:01:17,440 --> 00:01:19,760 Speaker 1: nausea and motion induced sickness. 25 00:01:19,920 --> 00:01:23,520 Speaker 3: I've tried those like wristbands. They don't really work anyway, 26 00:01:24,640 --> 00:01:28,440 Speaker 3: all right, Sneakers or shoe wear and all that stuff. Nike, 27 00:01:28,600 --> 00:01:29,280 Speaker 3: what's up there? 28 00:01:29,959 --> 00:01:32,680 Speaker 1: Yeah, Nike making headlines this morning. The shares are up 29 00:01:32,800 --> 00:01:35,520 Speaker 1: just over two percent, up two point two percent. This 30 00:01:35,600 --> 00:01:40,080 Speaker 1: comes after their relatively new CEO, Elliott Hill, reported a 31 00:01:40,200 --> 00:01:43,840 Speaker 1: purchase of about one million dollars worth of shares. That 32 00:01:43,920 --> 00:01:47,560 Speaker 1: transaction occurred on Monday. Now one million doesn't sound like 33 00:01:47,560 --> 00:01:49,960 Speaker 1: a lot, but it does come a week after Apple's 34 00:01:50,000 --> 00:01:54,400 Speaker 1: Tim Cook doubled his personal holdings of Nike shares, adding 35 00:01:54,480 --> 00:01:56,960 Speaker 1: three million dollars worth to his personal. 36 00:01:56,680 --> 00:02:00,480 Speaker 3: City coach by Nike shares. Why ed he is? 37 00:02:01,320 --> 00:02:05,720 Speaker 1: It's sigling more confidence in the new CEO's turnaround strategy 38 00:02:05,720 --> 00:02:08,280 Speaker 1: for Nike. Perhaps the new CEO, Elliot Hill, has been 39 00:02:08,280 --> 00:02:11,440 Speaker 1: in the seat since October twenty twenty four and trying 40 00:02:11,480 --> 00:02:14,840 Speaker 1: to convince investors of his turnaround strategy. Now, Nike shares 41 00:02:14,880 --> 00:02:17,440 Speaker 1: are still in the red for the year, down around 42 00:02:17,480 --> 00:02:19,880 Speaker 1: nineteen percent, but there's been a lot of retailers who 43 00:02:19,880 --> 00:02:23,920 Speaker 1: have been struggling this year amid all the chaos around tariffs, 44 00:02:23,960 --> 00:02:26,040 Speaker 1: but Nike seems to want to end the year on 45 00:02:26,080 --> 00:02:28,040 Speaker 1: a positive foot and is up two point two percent. 46 00:02:28,520 --> 00:02:30,880 Speaker 3: Now, if everybody this morning goes to the Bloomberg terminal 47 00:02:30,919 --> 00:02:35,119 Speaker 3: and type MRR, I think that stands for member rank 48 00:02:35,200 --> 00:02:38,320 Speaker 3: returns and the go to year to day. You look 49 00:02:38,360 --> 00:02:40,560 Speaker 3: at the S and P five hundred index, the best 50 00:02:40,600 --> 00:02:43,880 Speaker 3: performers since the start of the year. Number one sand 51 00:02:43,880 --> 00:02:48,720 Speaker 3: Disc I'm five hundred and sixty seven percent, Western Digital 52 00:02:49,160 --> 00:02:51,800 Speaker 3: up two hundred and ninety one percent, and then you 53 00:02:51,840 --> 00:02:56,280 Speaker 3: have Micron Technology, Seagate Technology. Anyway, you get the picture. 54 00:02:57,480 --> 00:03:00,360 Speaker 1: All four of these stocks john have to do with 55 00:03:00,480 --> 00:03:03,200 Speaker 1: data storage and the memory chip industry. So if you 56 00:03:03,680 --> 00:03:05,400 Speaker 1: maybe can look good, go all the way back to 57 00:03:05,520 --> 00:03:07,520 Speaker 1: January this year and decide where to put your money. 58 00:03:07,560 --> 00:03:10,080 Speaker 1: It wasn't in the mag seven's. It was actually in 59 00:03:10,080 --> 00:03:14,520 Speaker 1: the memory chip industry. Sand Disk, Western Digital, Micron the 60 00:03:14,560 --> 00:03:17,880 Speaker 1: big memory chip maker, and its competitor Seagate all the 61 00:03:17,919 --> 00:03:21,200 Speaker 1: best performing stocks in the S and P five hundred 62 00:03:21,280 --> 00:03:24,320 Speaker 1: for twenty twenty five. If you do look at the bottom, though, 63 00:03:24,400 --> 00:03:26,960 Speaker 1: there are some retailers down there, which I think is 64 00:03:27,000 --> 00:03:29,720 Speaker 1: just showing you that there were some companies that did 65 00:03:29,760 --> 00:03:33,120 Speaker 1: struggle with tariffs. We have Deckers Outdoor, the maker of 66 00:03:33,160 --> 00:03:36,920 Speaker 1: Hoka running shoes, UG Boots, Tiva Sandals. They really struggled 67 00:03:36,920 --> 00:03:40,160 Speaker 1: with tariff costs and pull back in consumer behavior. That's 68 00:03:40,200 --> 00:03:42,240 Speaker 1: down around forty eight percent year to date. The other 69 00:03:42,280 --> 00:03:44,720 Speaker 1: one joining them at the bottom of the list is Lulu, 70 00:03:44,720 --> 00:03:47,040 Speaker 1: which is also suffering from a demand to slow down 71 00:03:47,080 --> 00:03:50,240 Speaker 1: and increase competition in the ath leisure space. Lulu was 72 00:03:50,280 --> 00:03:53,760 Speaker 1: down around forty five percent. So the losers were retailers 73 00:03:53,800 --> 00:03:57,240 Speaker 1: and the winners were anyone involved in data storage and 74 00:03:57,360 --> 00:03:58,520 Speaker 1: the memory chip industry. 75 00:03:58,560 --> 00:04:03,320 Speaker 2: In twenty twenty five, the Stockmovers Report from Bloomberg Radio. 76 00:04:03,880 --> 00:04:06,040 Speaker 2: Check back with us throughout the day for the latest 77 00:04:06,080 --> 00:04:09,280 Speaker 2: roundup of companies making news on Wall Street and for 78 00:04:09,360 --> 00:04:13,320 Speaker 2: the latest market moving headlines. Listen to Bloomberg Radio Live, 79 00:04:13,720 --> 00:04:17,320 Speaker 2: catch us on YouTube, Bloomberg dot com, and on Applecarplay 80 00:04:17,320 --> 00:04:19,919 Speaker 2: and Android Auto with the Bloomberg Business app.