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Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The.

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Speaker 2: Stock Movers Report, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg Data. Let's

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Speaker 2: take a look at some of the stocks on the

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Speaker 2: move today.

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Speaker 3: We can do that with Bloomberg's avalon per Now, avalon,

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Speaker 3: what are you looking at today? Yeah, we can start

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Speaker 3: off with Constellation Energy. That's ticker CEG sliding about eight

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Speaker 3: point seven percent right now. That's after the power generation

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Speaker 3: firm forecast earnings per share for the full year that

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Speaker 3: missed estimates. Barclay's saying that expectations were pretty high going

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Speaker 3: into the print and noting that the outlook looks sort

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Speaker 3: of mixed with nuclear contracting progressing, but that EPs outlook

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Speaker 3: again coming in below estimates, and that move is making

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Speaker 3: Constellation Energy one of the worst performers in the S

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Speaker 3: and P five hundred today.

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Speaker 2: All right, let's take a look at some M and

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Speaker 2: A as well.

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Speaker 3: Yes, McCormick, that's ticker MKC, falling about five point four

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Speaker 3: percent to hit its lowest inter day level since twenty eighteen.

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Speaker 3: That's after Despises and Seasoning Maker agreed to combine with

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Speaker 3: Funial lovers food business and a deal valued at about

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Speaker 3: forty four point eight billion dollars. Vital Knowledge says, despite

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Speaker 3: McCormick reporting decent results this morning, food focused staples are

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Speaker 3: generally hated by investors given the cyclical headwinds and the

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Speaker 3: industry's history when it comes to large scale m and a,

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Speaker 3: so I thought that was kind of interesting.

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Speaker 2: Another MNA trade A Palace Pharmaceuticals.

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Speaker 3: Yes, a Palace Pharmaceuticals ticker APLS, jumping one hundred and

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Speaker 3: thirty seven percent for its most inter day on record.

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Speaker 3: That's after Biogen agreed to buy the biotech for about

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Speaker 3: five point six billion dollars. RBC says this is a

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Speaker 3: really good deal for a pelas given their shares have

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Speaker 3: struggled a lot recently, and the deal will help Biogen

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Speaker 3: boost its kidney franchise and expand its treatments in rare

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Speaker 3: diseases and immunology.

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Speaker 2: This stock mover's report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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Speaker 2: the Bloomberg Business App