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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 1: Let's take a look at some stocks on the move today.

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Speaker 1: I'm Tim King with Paul Sweeney and Bloomberg's Lisa Matteo.

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Speaker 3: So American Airlines will start there ticker AA l okay.

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Speaker 3: The reason why is because their shares have been down

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Speaker 3: as much as eight percent. It reinstated at Danniel guidance,

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Speaker 3: but it was in a lower range than expected, and

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Speaker 3: it was more a bullish forecast than you compare it

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Speaker 3: to United or what Delta gave. So investors they weren't

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Speaker 3: happy with the news. They did say it could hit

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Speaker 3: the top end of that forecast range if the domestic

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Speaker 3: market continues to strengthen. So I mean we're I.

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Speaker 1: Don't do American. Where where is American WI?

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Speaker 3: I mean they're big, I mean you know they're still huge.

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Speaker 1: Yeah.

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Speaker 3: Absolutely, it's a big three in United America. Yeah, and

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Speaker 3: it flies more domestic in the domestic market than other airlines,

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Speaker 3: So you know that has something to do with it.

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Speaker 3: It leaves it open to like swings with US demand

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Speaker 3: and pricing. So yeah, shares really taken a hit this morning. Okay,

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Speaker 3: Chipotle CMG ticker, okay, really down down as much as

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Speaker 3: thirteen percent. These are the shares cut its annual outlook

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Speaker 3: for the second time this year. And it's yeah, I know.

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Speaker 3: Did you get that they have the honey Chicken the adoble?

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Speaker 1: Kay?

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Speaker 3: And that's pretty straightforward. But no, I mean, yeah, they've

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Speaker 3: been trying. They had the burrito giveaway. They said they're

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Speaker 3: boosting the rewards platform. They want to offer more programs

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Speaker 3: to target college kids. They thought that would help equipment upgrades.

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Speaker 3: All that said, they still just haven't had enough traffic

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Speaker 3: and that's their basic thing. They said their customers are

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Speaker 3: cutting back. The CEO talked about the lower income consumer

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Speaker 3: under pressure and it just hasn't had much news lately,

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Speaker 3: you know, much good news lately. Twenty percent. Margarita is

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Speaker 3: to go some some locations, some locations she does. Maybe

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Speaker 3: they should do it more locations. Problem you can get anywhere?

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Speaker 3: Should this one? I want to point out American apparel

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Speaker 3: retailer American Eagle AEO. Their shares have been up as

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Speaker 3: much as twenty five percent before the bell so so

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Speaker 3: here we go. We're leading into something. Okay, So the

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Speaker 3: company announces campaign with actress Sidney Sweeney. Right, it was

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Speaker 3: announced yesterday. It's Sydney Sweeney, has great genes, great actress, right,

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Speaker 3: really good. She said, it's a good balance that's going

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Speaker 3: to help you keep you put together but feel great.

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Speaker 3: But the reason what happened yesterday is we've heard this

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Speaker 3: story before and moved HighRes and out hours trading. It

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Speaker 3: got mentioned on Wall Street Bets page on Reddit, and

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Speaker 3: you know what happens when things just mentioned that. I mean,

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Speaker 3: it has the substance behind it, right, it has this

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Speaker 3: news out, but I think it got inflated. Might may

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Speaker 3: have been inflated a bit because this shares. We're up

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Speaker 3: as much as twenty five percent for Sidney Sweeney. Oh sure,

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Speaker 3: I mean white Lotus. Have you seen shortage?

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Speaker 1: It was nine ish and now it's twelve ish. That's

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Speaker 1: all there is too.

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Speaker 3: Yes, it's gone up, it's gone.

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Speaker 1: Where's American Eagle and the Pantheon with ever Crombie and Fitch.

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Speaker 3: It's all the battle for the jeens, like that's what

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Speaker 3: they're doing. That's probably why they brought in Sydney Sweeney

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Speaker 3: because they're all battling for their genes and that's what

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Speaker 3: kids are. Kind of told you the best.

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Speaker 1: I thought you meant her genes like her DNA.

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Speaker 3: No, no, no, like her blue jeans.

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Speaker 1: Oh okay, I'm learning as we go. Can I back

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Speaker 1: up on stock movers with Lisa? I think we can

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Speaker 1: do commodities and stock movers.

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Speaker 3: Sure. The price of beef a hole from the from COVID. Yes,

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Speaker 3: it's up one hundred.

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Speaker 1: And sixty six percent live cattle, Yeah, twenty percent per year.

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Speaker 1: Like what does that do to McDonald What does it.

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Speaker 3: Makes them put out more chicken and make people to

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Speaker 3: buy more chicken? Yeah, you're giving us the difference. And

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Speaker 3: what about the barbecues. I mean, come on, yep, I'm

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Speaker 3: going to be throwing more chicken breasts on the girl.

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Speaker 3: And I mean, we're trying to.

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Speaker 1: Eat less beef for health. But the fact is we're

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Speaker 1: eating less beef because you look at the numbers that

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Speaker 1: you dont really.

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Speaker 2: This stock Movers 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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