1 00:00:00,120 --> 00:00:03,720 Speaker 1: Hi, I'm Barry Ridholts introducing you to the new stock 2 00:00:03,760 --> 00:00:07,840 Speaker 1: Movers podcast from Bloomberg. The show brings you short episodes 3 00:00:08,000 --> 00:00:11,720 Speaker 1: five minutes or less, covering the stocks making gains and 4 00:00:11,760 --> 00:00:16,480 Speaker 1: losses in today's trading. Subscribe to Stock Movers on Apple, Spotify, 5 00:00:16,720 --> 00:00:20,120 Speaker 1: or anywhere you get your podcasts. Here's a sample of 6 00:00:20,160 --> 00:00:23,439 Speaker 1: the latest episode from our team at Bloomberg. 7 00:00:23,400 --> 00:00:30,320 Speaker 2: Bloomberg Audio Studios, Podcasts, Radio News. 8 00:00:31,960 --> 00:00:36,360 Speaker 3: The Stock Movers podcast your roundup of companies making moves 9 00:00:36,400 --> 00:00:39,800 Speaker 3: in the stock market, harnessing the power of Bloomberg data. 10 00:00:41,440 --> 00:00:43,280 Speaker 4: Let's take a look at some stocks in the move 11 00:00:43,520 --> 00:00:46,879 Speaker 4: on this Tuesday. Bloomberg News Equities reporter Normal Linda on 12 00:00:46,960 --> 00:00:50,440 Speaker 4: Tuesday stock Movers. So Newsmax, Yeah, I mean, how could 13 00:00:50,440 --> 00:00:52,280 Speaker 4: you not talk about Newsmax today. 14 00:00:52,400 --> 00:00:54,319 Speaker 5: I just think it's such an insane number. That's why 15 00:00:54,360 --> 00:00:57,680 Speaker 5: I love talking about flowers. Right, So, we're seeing Newsmac 16 00:00:57,720 --> 00:01:02,160 Speaker 5: shares that ended for triple digit gains today, up one 17 00:01:02,200 --> 00:01:05,440 Speaker 5: hundred and seventy nine percent. We know, of course that 18 00:01:05,480 --> 00:01:09,000 Speaker 5: Newsbacks is owned by a former New York Post journalist, 19 00:01:09,959 --> 00:01:13,720 Speaker 5: Christopher Ruddy, and this company really got a lot of 20 00:01:13,800 --> 00:01:16,240 Speaker 5: traction during the election time. Period they run up to 21 00:01:16,280 --> 00:01:20,080 Speaker 5: the election, as people were tuning into conservative media ahead 22 00:01:20,200 --> 00:01:24,760 Speaker 5: of President Trump's presidential election. This company iPod yesterday and 23 00:01:24,800 --> 00:01:27,200 Speaker 5: listed on the New York Stock Exchange. The company has 24 00:01:27,240 --> 00:01:30,880 Speaker 5: a market value of more than ten point seven billion dollars, 25 00:01:31,160 --> 00:01:34,520 Speaker 5: but it did servege triple digits yesterday, seven hundred and 26 00:01:34,600 --> 00:01:35,160 Speaker 5: eighty percent. 27 00:01:35,280 --> 00:01:39,080 Speaker 4: You know, it's thirty billion dollars? Is it thirty billion dollars? 28 00:01:39,080 --> 00:01:40,759 Speaker 4: Speaking now, listen, I'm with. 29 00:01:40,720 --> 00:01:43,279 Speaker 2: You because that I was probably yesterday earlier. 30 00:01:43,280 --> 00:01:43,959 Speaker 5: I'm outdated. 31 00:01:44,080 --> 00:01:47,480 Speaker 4: Earlier in the session, I actually had noted it, and 32 00:01:47,560 --> 00:01:49,920 Speaker 4: I was like, oh, it's now like a ten or 33 00:01:49,920 --> 00:01:52,160 Speaker 4: twelve billion dollar market. But it just kept going up, 34 00:01:52,160 --> 00:01:54,559 Speaker 4: going up. My goodness, it is a thirty billion dollar 35 00:01:54,600 --> 00:01:57,920 Speaker 4: market company. It is up twenty two hundred percent. 36 00:01:58,040 --> 00:02:01,440 Speaker 2: Wow a billionaire now, Oh yeah, he's a billionaire now. 37 00:02:01,480 --> 00:02:06,080 Speaker 2: And just to remain contextualize this for us during our simulcast, 38 00:02:06,280 --> 00:02:09,280 Speaker 2: looking at Warner Brothers Discovery for example, that's a twenty 39 00:02:09,360 --> 00:02:13,480 Speaker 2: five billion dollar company. Paramount Global an eight point three 40 00:02:13,520 --> 00:02:16,880 Speaker 2: billion dollar company. We're talking about, like, what about the 41 00:02:16,880 --> 00:02:19,280 Speaker 2: New York Times, Because all I'm going to say. 42 00:02:19,160 --> 00:02:22,160 Speaker 4: Is mid May, they're going to report their earnings. 43 00:02:22,280 --> 00:02:24,760 Speaker 2: Cannot wait, so New York Times I'm just pullinting it 44 00:02:24,800 --> 00:02:26,919 Speaker 2: up on the terminal. Eight point two billion dollar company. 45 00:02:26,919 --> 00:02:28,720 Speaker 5: All right, we got a move The comparison's insane. 46 00:02:28,880 --> 00:02:29,600 Speaker 3: We just got to move on. 47 00:02:30,120 --> 00:02:31,120 Speaker 2: We'll see how long it goes for. 48 00:02:31,320 --> 00:02:32,480 Speaker 1: I know, I know, I know. 49 00:02:32,840 --> 00:02:34,040 Speaker 2: Stuff does not last forever. 50 00:02:34,200 --> 00:02:36,520 Speaker 5: Right now, keeping kind of in the realm of entertainment, 51 00:02:36,520 --> 00:02:38,640 Speaker 5: I was also keeping an eye on companies like Vivid 52 00:02:38,720 --> 00:02:41,919 Speaker 5: Seats and Live Nation. We had Vivid Seats falling. I 53 00:02:42,000 --> 00:02:44,679 Speaker 5: fell about two point four percent today. Live Nation did 54 00:02:44,800 --> 00:02:47,360 Speaker 5: end up one percent higher. But why we've really been 55 00:02:47,400 --> 00:02:49,840 Speaker 5: looking at this today is because President Trump signed an 56 00:02:49,840 --> 00:02:53,160 Speaker 5: executive order. He's really trying to crack down on ticket 57 00:02:53,200 --> 00:02:56,239 Speaker 5: scalping and fees. We had our call yat Kayla Gardner 58 00:02:56,240 --> 00:02:58,840 Speaker 5: in DC. She wrote about this on the terminal yesterday evening. 59 00:02:58,840 --> 00:03:02,120 Speaker 5: But essentially, Trump is trying to direct the FTC to 60 00:03:02,200 --> 00:03:05,400 Speaker 5: work with the DOJ to ensure that competition laws are 61 00:03:05,600 --> 00:03:08,840 Speaker 5: enforced in the concert and entertainment industry. I don't know 62 00:03:08,880 --> 00:03:11,160 Speaker 5: if you guys remember way back when when Taylor Swift's 63 00:03:11,160 --> 00:03:12,840 Speaker 5: concert tickets. 64 00:03:12,880 --> 00:03:16,079 Speaker 2: Very long ago, No, I know, in my lifetime, long 65 00:03:16,120 --> 00:03:19,919 Speaker 2: ago it happened just finished her tour. 66 00:03:20,560 --> 00:03:22,519 Speaker 5: They were really expensive, so much happened, Sin said, but 67 00:03:22,560 --> 00:03:23,720 Speaker 5: they were so expensive. 68 00:03:23,800 --> 00:03:26,560 Speaker 4: So but they were expensive, they were in demand. Like 69 00:03:26,680 --> 00:03:29,080 Speaker 4: is this about the fees and stuff that thank you for? 70 00:03:29,560 --> 00:03:31,520 Speaker 4: But is this really about the fees that are thrown 71 00:03:31,560 --> 00:03:32,919 Speaker 4: on top of everything that's. 72 00:03:32,880 --> 00:03:35,520 Speaker 5: He's saying that he's urging for transparency at quote all 73 00:03:35,640 --> 00:03:39,080 Speaker 5: stages of the ticket purchasing process. So I mean, of 74 00:03:39,080 --> 00:03:42,640 Speaker 5: course that's not the best news for places. 75 00:03:41,760 --> 00:03:43,880 Speaker 4: Demand a supply and demand, but I just feel like 76 00:03:44,040 --> 00:03:47,120 Speaker 4: they can really run up run when scalpers used to 77 00:03:47,160 --> 00:03:48,920 Speaker 4: buy them all and like, you know, I'm just going 78 00:03:49,000 --> 00:03:51,000 Speaker 4: to throw out there, are you just hurt? 79 00:03:51,720 --> 00:03:53,760 Speaker 2: I'm hurt because I don't think bonie Ver is going 80 00:03:53,840 --> 00:03:56,520 Speaker 2: to go on a new tour this year, and Bonieverarr's 81 00:03:56,520 --> 00:03:58,320 Speaker 2: got a new album coming out in a little over 82 00:03:58,360 --> 00:04:02,560 Speaker 2: a week. This is my favorite band. I wouldn't call 83 00:04:02,600 --> 00:04:04,240 Speaker 2: it an art project. It's not even a band. You 84 00:04:04,240 --> 00:04:06,280 Speaker 2: guys know what you're the Bonny Bear stands no when 85 00:04:06,320 --> 00:04:06,720 Speaker 2: I'm talking. 86 00:04:06,760 --> 00:04:08,320 Speaker 4: I was like, oh, is this something your son like? 87 00:04:08,360 --> 00:04:08,720 Speaker 3: Listens? 88 00:04:09,680 --> 00:04:11,560 Speaker 2: Well, he does because he's forced to listen to it, 89 00:04:11,600 --> 00:04:13,360 Speaker 2: because I forced him to listen to Tony Bear. 90 00:04:13,400 --> 00:04:16,080 Speaker 4: Sounds like no bony bears. 91 00:04:16,480 --> 00:04:17,640 Speaker 5: You might have to do the spelling. 92 00:04:18,680 --> 00:04:21,800 Speaker 3: We're over here like bony bear. 93 00:04:21,800 --> 00:04:23,440 Speaker 4: Okay, come on, we're gonna get to one more PVH. 94 00:04:23,640 --> 00:04:25,240 Speaker 4: This was a stock that I highlighted. 95 00:04:25,320 --> 00:04:27,799 Speaker 5: Yes, a name in the green owner of Calvin Klein 96 00:04:28,120 --> 00:04:31,280 Speaker 5: and Tommy Hill. Figure. We saw double digit games today, 97 00:04:31,360 --> 00:04:33,880 Speaker 5: up eighteen percent. That's the best day in two years 98 00:04:33,920 --> 00:04:35,800 Speaker 5: for the company, and so that it expects sales growth 99 00:04:35,920 --> 00:04:38,200 Speaker 5: I know, to be flat or slightly positive. But Wall 100 00:04:38,200 --> 00:04:40,920 Speaker 5: Street was thinking that they would have a percentage of 101 00:04:41,000 --> 00:04:44,039 Speaker 5: half point decline in terms of percentage there for sales growth. 102 00:04:44,080 --> 00:04:45,760 Speaker 5: But I've recorded a call out that some of the 103 00:04:45,760 --> 00:04:48,880 Speaker 5: company's initiatives are quote starting to stabilize the business. But 104 00:04:48,920 --> 00:04:50,240 Speaker 5: I mean, if you look at the stock is still 105 00:04:50,320 --> 00:04:52,279 Speaker 5: down what almost forty percent this year? 106 00:04:52,560 --> 00:04:55,880 Speaker 2: What's it? Jeremy Allen White, that's the uh you're finding it? 107 00:04:56,320 --> 00:04:58,159 Speaker 4: You know, he's going back to the Calvin Clin underwear. 108 00:04:58,240 --> 00:05:02,560 Speaker 2: Yeah, the Calvin Klein, the ah the Bear, Season three 109 00:05:02,600 --> 00:05:03,720 Speaker 2: of the Bear. When is that happening? 110 00:05:03,839 --> 00:05:05,719 Speaker 5: No spoilers, This is gonna take for you to. 111 00:05:05,720 --> 00:05:08,400 Speaker 2: Get over this, you know, probably until next quarter. 112 00:05:08,800 --> 00:05:12,480 Speaker 4: Yesterday or after the close yesterday when the earner bear, 113 00:05:12,560 --> 00:05:13,960 Speaker 4: when is that up? And so he was looking at 114 00:05:14,000 --> 00:05:16,839 Speaker 4: pvah because we were breaking down the earnings, and up 115 00:05:16,920 --> 00:05:21,920 Speaker 4: pops on the screen. Is the bear and so June Underwear. 116 00:05:21,600 --> 00:05:25,200 Speaker 2: June twenty twenty five. Perhaps, according to Gemini, Google AI 117 00:05:25,520 --> 00:05:28,840 Speaker 2: uncited Okay Okay, potentially. 118 00:05:30,720 --> 00:05:34,840 Speaker 3: The Stock Movers podcast from Bloomberg Radio. Check back with 119 00:05:34,920 --> 00:05:37,680 Speaker 3: us throughout the day for the latest roundup of companies 120 00:05:37,720 --> 00:05:40,800 Speaker 3: making news on Wall Street and for the latest market 121 00:05:40,800 --> 00:05:45,200 Speaker 3: moving headlines. Listen to Bloomberg Radio Live. Catch us on YouTube, 122 00:05:45,240 --> 00:05:48,479 Speaker 3: Bloomberg dot com, and on Applecarplay and Android Auto with 123 00:05:48,560 --> 00:05:50,000 Speaker 3: the Bloomberg Business app.