WEBVTT - Ulta Beauty Sinks, Bumble Soars, Adobe Drops

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg data.

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<v Speaker 3>All right, Carol Masser, Tim Stanevik, just a quick reminder

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<v Speaker 3>of how we wrapped up on this Thursday. Interesting day,

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<v Speaker 3>definitely more of a risk off trade. We've got one

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<v Speaker 3>and a half percent lower on the S and P

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<v Speaker 3>five hundred at the closed, same story, Tim, for the

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<v Speaker 3>Dow Jones Industrial Average NASTAQ one hundred even a deeper,

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<v Speaker 3>and we saw some selling into the close down about

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<v Speaker 3>one point seven. Yeah.

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<v Speaker 1>A different day on the day, certainly a different day

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<v Speaker 1>than we've seen with the volatility we've seen intra day volatility,

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<v Speaker 1>but we haven't we've seen the dip buyers come in

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<v Speaker 1>the S and P five hundred today at its worst

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<v Speaker 1>day in a month. It's at levels last seene Carol,

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<v Speaker 1>going back to November of twenty twenty five.

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<v Speaker 3>Yeah, and I keep thinking, you know, don't forget, We've

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<v Speaker 3>got at a thirty am Wall Street time an inflation print.

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<v Speaker 3>It is the FEDS per preferred inflation gage. I believe

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<v Speaker 3>it's for a read. Let me just pull it up here.

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<v Speaker 3>I think it's for January. So once again it's some

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<v Speaker 3>older data. But for me, I think these are even

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<v Speaker 3>though they're older.

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<v Speaker 2>It's pre war.

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<v Speaker 3>It's just a reminder of kind of where inflation was

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<v Speaker 3>ahead of it because we know right now markets, investors,

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<v Speaker 3>and society are worried about inflation pressures.

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<v Speaker 1>I'm Tim Stinebeck along with Carol Master. Let's take a

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<v Speaker 1>look at some stocks on the move today. We are

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<v Speaker 1>joined by Avalon Pernell. She's Bloomberg News Equities reporter.

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<v Speaker 4>Hey have Alon, Hi, Well, we can go ahead and

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<v Speaker 4>get started with some after the market moves. Alta it

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<v Speaker 4>is falling about eight percent today postmarket. That's after they

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<v Speaker 4>reported earnings that kind of fell short of expectations. Earnings

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<v Speaker 4>for share for the fourth quarter fell slightly short, and

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<v Speaker 4>the midpoint of its full year EPs forecasts also missed estimates.

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<v Speaker 4>And let's really expected to see a solid holiday demand

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<v Speaker 4>for gifting. But now we're getting back to that question

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<v Speaker 4>of like how healthy is a consumer?

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<v Speaker 3>Yeah, I mean Alta tick our Ulta down more than

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<v Speaker 3>eight percent. I mean this has kind of been a gem.

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<v Speaker 3>I mean it's a stock that's still up about three

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<v Speaker 3>year to day, like.

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<v Speaker 1>This is supposed to be. You know, this was the stock, right,

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<v Speaker 1>we all need our beauty stuff. I'm just gonna true.

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<v Speaker 3>Let's go to Adobe another aftermarket ADB is the ticker.

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<v Speaker 4>Yes, that stock is slanting about six point six percent postmarket.

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<v Speaker 4>That's after despite having a pretty good quarter. Bloomberg Intelligence

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<v Speaker 4>writing that the CEO's transition he's planning to go ahead

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<v Speaker 4>and head out he's resigning, is overshadowing a pretty steady

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<v Speaker 4>first quarter performance, and it also brings up additional questions

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<v Speaker 4>about how software companies are going to be able to

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<v Speaker 4>deal with this question of AI.

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<v Speaker 3>Yeah, I think we keep wondering. You know how that

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<v Speaker 3>is that stocks down about twenty three percent year to date,

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<v Speaker 3>so we're continuing to see some pressure. I know, I know, Helleluiah,

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<v Speaker 3>you like went through the pressure.

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<v Speaker 1>Oh no, I was going to say something about bumble.

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<v Speaker 1>Oh yeah, Carol loves saying swipe right.

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<v Speaker 4>Yes, the bumble ticker b MBL swored thirty four percent

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<v Speaker 4>into the clusters.

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<v Speaker 3>We're sweeping right on the staff care.

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<v Speaker 4>That is perfect. It's for its biggest jobs twenty two.

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<v Speaker 3>What's going on?

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<v Speaker 4>Yeah, I mean it had a pretty modest but good

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<v Speaker 4>fourth quarter revenue Beat and also analysts were pretty happy

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<v Speaker 4>about the fact that they're announcing some additional AI power tools,

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<v Speaker 4>including one tool that could potentially help you have a

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<v Speaker 4>personal matchmaker.

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<v Speaker 3>I do not.

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<v Speaker 4>I don't know how I feel about that.

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<v Speaker 3>Can you imagine listen? That terrifies me.

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<v Speaker 1>This I was. This is how old I am? Like,

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<v Speaker 1>this wasn't a thing when I met my wife?

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<v Speaker 3>Well certainly, yeah, that's how old I am.

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<v Speaker 2>We just met.

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<v Speaker 1>We had that one. I don't remember the website like it.

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<v Speaker 3>Wasn't there was another day. Look at Avalanche like you too?

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<v Speaker 3>Yes you Bumble and bumble used to be back in

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<v Speaker 3>twenty twenty one and almost eighty.

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<v Speaker 1>Dollars just bumble?

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<v Speaker 3>Oh sorry, what do I call it? Bumble?

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<v Speaker 2>Bumble?

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<v Speaker 4>The haircare.

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<v Speaker 2>This stock mover's report from Bloomberg Radio. Check back with

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<v Speaker 2>us throughout the day for the latest roundup of companies

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<v Speaker 2>making news on Wall Street and for the late this

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<v Speaker 2>market moving headlines. Listen to Bloomberg Radio Live, catch us

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