1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. The Stock Movers report, 2 00:00:10,280 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:16,320 Speaker 1: harnessing the power of Bloomberg Data. 4 00:00:16,480 --> 00:00:17,759 Speaker 2: Let's take a look at some of the stocks on 5 00:00:17,800 --> 00:00:19,920 Speaker 2: the move today on Paul Sweeney alongside Scarlet Foote were 6 00:00:20,000 --> 00:00:21,840 Speaker 2: joined by Normal Linda nor What are looking at it? Well, 7 00:00:21,880 --> 00:00:23,960 Speaker 2: lot's going on in the market today, so many earnings 8 00:00:24,000 --> 00:00:25,560 Speaker 2: to pars, but I wanted to start out for the 9 00:00:25,640 --> 00:00:28,320 Speaker 2: Meme stock here we're looking at beyond meat would just 10 00:00:28,360 --> 00:00:32,400 Speaker 2: tacker bynd. We're seeing shares jumping as much as one 11 00:00:32,520 --> 00:00:35,400 Speaker 2: hundred and twelve percent, and today alone this is the 12 00:00:35,479 --> 00:00:37,919 Speaker 2: highest intra day since August of last year. But if 13 00:00:37,920 --> 00:00:40,440 Speaker 2: you look over the past four trading days, we've seen 14 00:00:40,479 --> 00:00:43,400 Speaker 2: the stock surge more than thirteen hundred percent over the 15 00:00:43,400 --> 00:00:45,680 Speaker 2: past four days. Here. This all due to the fact 16 00:00:45,680 --> 00:00:48,400 Speaker 2: that there has been a lot of chatter online. There's 17 00:00:48,440 --> 00:00:51,199 Speaker 2: a Dubai based real estate developer developer that's really been 18 00:00:51,240 --> 00:00:52,680 Speaker 2: touting the stock, and you're seeing a lot of the 19 00:00:52,720 --> 00:00:55,920 Speaker 2: retail traders running rushing to the stock trying to pour 20 00:00:56,120 --> 00:00:58,440 Speaker 2: money into it. But of course we did see short 21 00:00:58,440 --> 00:01:00,800 Speaker 2: interest that was up more than six percent at the 22 00:01:00,840 --> 00:01:03,720 Speaker 2: end of September. So it's a bit interesting to see 23 00:01:03,800 --> 00:01:06,319 Speaker 2: right now whether or not this is actually people covering 24 00:01:06,360 --> 00:01:09,680 Speaker 2: their positions here or just a traditional rally here. 25 00:01:10,040 --> 00:01:12,240 Speaker 1: All right, so the meme socks making a comeback. 26 00:01:12,440 --> 00:01:16,000 Speaker 2: You're also looking at Intuitive Surgical, and I accidentally typed in. 27 00:01:16,480 --> 00:01:18,960 Speaker 1: I in to you, which is not surgical into it. 28 00:01:19,160 --> 00:01:22,480 Speaker 2: Well, Intuitive Surgical is ISSRG. That's a ticker there. This 29 00:01:22,560 --> 00:01:25,920 Speaker 2: is the medical equipment company. Also some earnings here, of course, 30 00:01:25,920 --> 00:01:28,319 Speaker 2: as we're kind of parsing earning season right now. The 31 00:01:28,360 --> 00:01:32,800 Speaker 2: company boosted its worldwide Da Vinci procedure growth forecast for 32 00:01:33,080 --> 00:01:36,000 Speaker 2: the full year. This essentially is a procedure that involves 33 00:01:36,040 --> 00:01:39,560 Speaker 2: a robotic arm here that they use during these surgeries, 34 00:01:39,560 --> 00:01:41,640 Speaker 2: and so they did boost the forecast for growth there 35 00:01:41,680 --> 00:01:43,959 Speaker 2: for the full year. And you are seeing shares on 36 00:01:44,080 --> 00:01:46,040 Speaker 2: a tear biggest gainer in the S and P five 37 00:01:46,120 --> 00:01:48,520 Speaker 2: hundred today and it's up for its best day since 38 00:01:48,560 --> 00:01:51,800 Speaker 2: two thousand and nine. Here's up as much as nineteen percent. 39 00:01:52,080 --> 00:01:53,600 Speaker 1: All right, one more, what do you got for us? 40 00:01:53,640 --> 00:01:58,000 Speaker 2: Netflix? Can't skip that one ticker in FLX, we're seeing 41 00:01:58,040 --> 00:02:00,480 Speaker 2: shares down the worst performing stock in the P five 42 00:02:00,560 --> 00:02:03,200 Speaker 2: hundred here town as much as ten percent in trading, 43 00:02:03,480 --> 00:02:07,240 Speaker 2: and this is the worst day since December twenty twenty two. This, 44 00:02:07,360 --> 00:02:09,600 Speaker 2: of course, after the company said that a tax dispute 45 00:02:09,919 --> 00:02:12,720 Speaker 2: with Brazil cut into its third quarter earnings. You're seeing 46 00:02:12,720 --> 00:02:15,079 Speaker 2: a lot of people really digging into the details here, 47 00:02:15,320 --> 00:02:17,760 Speaker 2: but that is definitely creating a drag here on the 48 00:02:17,840 --> 00:02:19,920 Speaker 2: stock as you're seeing Wall Street really just trying to 49 00:02:19,919 --> 00:02:21,240 Speaker 2: dissect what's going on here. 50 00:02:22,840 --> 00:02:26,880 Speaker 1: This stock Movers report from Bloomberg Radio. Check back with 51 00:02:26,960 --> 00:02:29,519 Speaker 1: us throughout the day for the latest roundup of companies 52 00:02:29,600 --> 00:02:32,680 Speaker 1: making news on Wall Street and for the latest market 53 00:02:32,720 --> 00:02:37,200 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 54 00:02:37,280 --> 00:02:40,800 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 55 00:02:40,840 --> 00:02:42,359 Speaker 1: the Bloomberg Business app.