Speaker 1: Bloomberg Audio Studios, podcasts, radio News.
Speaker 2: This is the closing bell on the stock movers report
Speaker 2: the company's making moves at the close of US trading.
Speaker 2: With Carol Masser, Tim stenovek Romain Bostik, and Katie Greifel.
Speaker 1: I'm going to go to some of the individual gainers.
Speaker 1: Number one gainer in the S and P five hundred
Speaker 1: in fact, up about twelve percent in today's session. We're
Speaker 1: talking about Norwegian Cruise. This one after activist investor Elliott
Speaker 1: Investment Management said it built a more than ten percent
Speaker 1: stake in Norwegian also sent a letter and presentation to
Speaker 1: the company's board urging changes to unlock what it believes
Speaker 1: is more than one hundred and fifty percent upside for shareholders.
Speaker 1: So again, about twelve percent upside in today's session alone.
Speaker 1: Let's go to another one, Masimo. This one up thirty
Speaker 1: four percent, No surprise. It was a target bought out
Speaker 1: by danaher A Green to buy the medical equipment firm
Speaker 1: for one hundred and eighty dollars is share. That's a
Speaker 1: forty percent premium over Friday's close, a total enterprise value
Speaker 1: of about nine point nine billion dollars, allowing Danaher to
Speaker 1: gain a foothold in the medical supply business. So some
Speaker 1: m and a Tuesday action happening, and then Trip Advisor
Speaker 1: let's go on over to there. Up about nine percent
Speaker 1: in today's session. This is after Starboard Value delivered a
Speaker 1: letter to Trip Advisors leadership highlighting prolonged under performance and
Speaker 1: announced plans to nominate a majority slate of director candidates
Speaker 1: for the twenty twenty sixth annual meeting, keeping mine Trip
Speaker 1: Advisors down almost thirty percent year to date.
Speaker 3: I do want to take a look at some of
Speaker 3: the stocks that were on the decline today. I want
Speaker 3: to start with the worst performer in the S and
Speaker 3: P five hundred. This is the owner of NAPA Auto
Speaker 3: Parts Genuine Parts Company GPC. Shares felt today by more
Speaker 3: than fourteen and a half percent. This after the company
Speaker 3: announced fourth quarter earnings that fell short. Net sales also
Speaker 3: came in below expectations. The company that was going to
Speaker 3: split into two public companies following your review of options
Speaker 3: for its automotive and industrial business lines. The split comes
Speaker 3: during a volatile stretch for the automotive business. It's grappling
Speaker 3: with higher prices, higher cost, economic uncertainty, and affordability challenges
Speaker 3: for consumers. Also speaking to change your oil, Tim, sorry,
Speaker 3: can you know how to change the oil in your car?
Speaker 3: I know how to take it somewhere to be changed
Speaker 3: from me. Here's the deal. Here's the real thing. Nobody
Speaker 3: changes their oil anymore because what do you do with
Speaker 3: the oil? That's the old No, sorry, mister endironmental. That's
Speaker 3: that's why I want to burst for bubble. But that's
Speaker 3: what people used to do. Yeah, and it wasn't good.
Speaker 3: But that's that's the real reason why it's so hard
Speaker 3: to change your oil.
Speaker 2: Well, what do you do with the oil?
Speaker 1: Tim?
Speaker 3: You're supposed to take it somewhere to recycle it. And
Speaker 3: by the time you do that, you might as well
Speaker 3: just take your car somewhere to have the oil change for.
Speaker 2: You, like the sewer you know.
Speaker 3: Oh okay, you guys are killing me. A couple more
Speaker 3: decliners here. Also a worse performer in the S and
Speaker 3: P five hundred today was General Mills. The company lowered
Speaker 3: its fiscal twenty twenty six outlook, citing a more challenging
Speaker 3: consumer environment. The company said weak consumer sentiment, heightened uncertainty
Speaker 3: and significant volatility of weight on category growth and affected
Speaker 3: consumer purchase platforms. This is the parent company of cereals
Speaker 3: such as Cheerios. Down seven percent on the day today.
Speaker 3: And finally, Danaher Carol had the news with this company
Speaker 3: agreed to buy Massimocorp and a deal with an enterprise
Speaker 3: value about nine point nine billion dollars. Massamo shares have
Speaker 3: moved higher. Danaher fell today by just about two point
Speaker 3: nine percent.
Speaker 2: This stock Moover's report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the latest market
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,
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