Speaker 1: Bloomberg Audio Studios, podcasts, radio News. The Stock Movers report,
Speaker 1: your roundup of companies making moves in the stock market,
Speaker 1: harnessing the power of Bloomberg Data.
Speaker 2: Let's take a look at some of the stocks on
Speaker 2: the move today on Paul Sweeney alongside Scarlet Foote were
Speaker 2: joined by Normal Linda nor What are looking at it? Well,
Speaker 2: lot's going on in the market today, so many earnings
Speaker 2: to pars, but I wanted to start out for the
Speaker 2: Meme stock here we're looking at beyond meat would just
Speaker 2: tacker bynd. We're seeing shares jumping as much as one
Speaker 2: hundred and twelve percent, and today alone this is the
Speaker 2: highest intra day since August of last year. But if
Speaker 2: you look over the past four trading days, we've seen
Speaker 2: the stock surge more than thirteen hundred percent over the
Speaker 2: past four days. Here. This all due to the fact
Speaker 2: that there has been a lot of chatter online. There's
Speaker 2: a Dubai based real estate developer developer that's really been
Speaker 2: touting the stock, and you're seeing a lot of the
Speaker 2: retail traders running rushing to the stock trying to pour
Speaker 2: money into it. But of course we did see short
Speaker 2: interest that was up more than six percent at the
Speaker 2: end of September. So it's a bit interesting to see
Speaker 2: right now whether or not this is actually people covering
Speaker 2: their positions here or just a traditional rally here.
Speaker 1: All right, so the meme socks making a comeback.
Speaker 2: You're also looking at Intuitive Surgical, and I accidentally typed in.
Speaker 1: I in to you, which is not surgical into it.
Speaker 2: Well, Intuitive Surgical is ISSRG. That's a ticker there. This
Speaker 2: is the medical equipment company. Also some earnings here, of course,
Speaker 2: as we're kind of parsing earning season right now. The
Speaker 2: company boosted its worldwide Da Vinci procedure growth forecast for
Speaker 2: the full year. This essentially is a procedure that involves
Speaker 2: a robotic arm here that they use during these surgeries,
Speaker 2: and so they did boost the forecast for growth there
Speaker 2: for the full year. And you are seeing shares on
Speaker 2: a tear biggest gainer in the S and P five
Speaker 2: hundred today and it's up for its best day since
Speaker 2: two thousand and nine. Here's up as much as nineteen percent.
Speaker 1: All right, one more, what do you got for us?
Speaker 2: Netflix? Can't skip that one ticker in FLX, we're seeing
Speaker 2: shares down the worst performing stock in the P five
Speaker 2: hundred here town as much as ten percent in trading,
Speaker 2: and this is the worst day since December twenty twenty two. This,
Speaker 2: of course, after the company said that a tax dispute
Speaker 2: with Brazil cut into its third quarter earnings. You're seeing
Speaker 2: a lot of people really digging into the details here,
Speaker 2: but that is definitely creating a drag here on the
Speaker 2: stock as you're seeing Wall Street really just trying to
Speaker 2: dissect what's going on here.
Speaker 1: This stock Movers report from Bloomberg Radio. Check back with
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Speaker 1: making news on Wall Street and for the latest market
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