1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg data. 4 00:00:16,640 --> 00:00:20,080 Speaker 1: Let's get to some stocks on the move of Bloomberg. 5 00:00:20,120 --> 00:00:23,560 Speaker 1: TV Markets correspondent Norah Melinda is in the house and 6 00:00:23,600 --> 00:00:25,880 Speaker 1: she's looking at some of the stocks on the move 7 00:00:25,960 --> 00:00:29,280 Speaker 1: really this week overall, So let's get to what we're seeing. 8 00:00:29,440 --> 00:00:31,280 Speaker 3: It has been a busy week and a busy month. 9 00:00:31,320 --> 00:00:33,000 Speaker 3: If you're just looking at the historic records that we 10 00:00:33,040 --> 00:00:35,240 Speaker 3: hit on a monthly basis, you're seeing it. This is 11 00:00:35,280 --> 00:00:37,519 Speaker 3: a really strong month and week. But I do have 12 00:00:37,560 --> 00:00:40,640 Speaker 3: some names for you that didn't perform so well. So 13 00:00:40,720 --> 00:00:43,480 Speaker 3: let's look at shares a fiser, this is taker FI 14 00:00:43,840 --> 00:00:47,600 Speaker 3: shares tumbled forty seven percent this week. They didn't hire 15 00:00:47,600 --> 00:00:50,920 Speaker 3: a Friday's closing bell, but that clearly wasn't nearly enough 16 00:00:51,000 --> 00:00:54,000 Speaker 3: to offset the forty four percent plunge that we saw 17 00:00:54,040 --> 00:00:56,600 Speaker 3: for the stock on Wednesday. This is after the company 18 00:00:56,880 --> 00:01:00,280 Speaker 3: slash its outlook for full year earnings and unveiled third 19 00:01:00,320 --> 00:01:03,680 Speaker 3: quarter results that left a lot of Wall Street analysts 20 00:01:03,840 --> 00:01:06,160 Speaker 3: confounded here. So you did see a bunch of sweeping 21 00:01:06,240 --> 00:01:09,440 Speaker 3: changes at the company. Top leadership being moved around, a 22 00:01:09,480 --> 00:01:12,400 Speaker 3: replacement for the CFO here, and a promotion of a 23 00:01:12,480 --> 00:01:16,760 Speaker 3: chief operating officer but to be co president of the company. 24 00:01:16,800 --> 00:01:19,160 Speaker 3: But it seems as though they just really took a 25 00:01:19,200 --> 00:01:21,920 Speaker 3: beating here this week. Wall Street clearly not happy, and 26 00:01:21,959 --> 00:01:23,959 Speaker 3: you're definitely seeing the trade reflecting that on the week. 27 00:01:24,080 --> 00:01:26,720 Speaker 4: Yeah, that was such a wild that is a wild story. 28 00:01:26,720 --> 00:01:29,839 Speaker 4: It was such a wild stock move. Alexandria Real Estate 29 00:01:29,880 --> 00:01:31,880 Speaker 4: ticker are what's going on this week? 30 00:01:31,959 --> 00:01:34,320 Speaker 3: Yeah, so this is a read of course, can't escape them, 31 00:01:34,720 --> 00:01:38,360 Speaker 3: ticker are. We did see shares down about twenty five 32 00:01:38,440 --> 00:01:41,480 Speaker 3: percent over the past five sessions alone. This is after 33 00:01:41,520 --> 00:01:45,240 Speaker 3: it cut it's adjusted funds from operations guidance and this 34 00:01:45,319 --> 00:01:47,920 Speaker 3: is for twenty twenty five, and it posted third quarter 35 00:01:48,000 --> 00:01:50,640 Speaker 3: results that fell short of expectations we had, Canter fitz 36 00:01:51,000 --> 00:01:54,960 Speaker 3: Gerald calling the report quote unquote as tough as it gets. 37 00:01:54,960 --> 00:01:57,000 Speaker 3: So I guess it can't be any more clear than that. 38 00:01:57,400 --> 00:02:00,560 Speaker 3: Shares of Alexandria Real Estate down more than four percent 39 00:02:00,640 --> 00:02:02,440 Speaker 3: though on the year, So it really has been a 40 00:02:02,520 --> 00:02:03,920 Speaker 3: challenging year here for this company. 41 00:02:04,040 --> 00:02:05,240 Speaker 1: God, what a SmackDown. 42 00:02:05,440 --> 00:02:08,600 Speaker 4: Yeah, speaking to smackdowns. Should we go talk burritos? 43 00:02:08,680 --> 00:02:10,040 Speaker 1: Last check barritaz, I'd. 44 00:02:09,960 --> 00:02:12,440 Speaker 3: Love to chat food. Clearly not a great week though 45 00:02:12,440 --> 00:02:15,320 Speaker 3: for Chipotle. We did see this sock in the red 46 00:02:15,400 --> 00:02:18,200 Speaker 3: for the sixth day in a row. It showd twenty 47 00:02:18,320 --> 00:02:21,320 Speaker 3: three percent just in the past five days. Of course, 48 00:02:21,320 --> 00:02:23,960 Speaker 3: we know this is really about the concern about a 49 00:02:23,960 --> 00:02:26,720 Speaker 3: lot of diners pulling back on spending. Here. They talked 50 00:02:26,720 --> 00:02:30,680 Speaker 3: about beef prices, increasing tariff concerns. It just sounds that 51 00:02:30,680 --> 00:02:33,600 Speaker 3: there's so many headwinds here, and you see Wall Street 52 00:02:33,680 --> 00:02:35,639 Speaker 3: is clearly believing this to be true. So we did 53 00:02:35,680 --> 00:02:39,799 Speaker 3: see of course Shakeshak also reporting and not really getting 54 00:02:40,520 --> 00:02:43,880 Speaker 3: really positive outlook here. A lot of warnings here about 55 00:02:43,880 --> 00:02:47,440 Speaker 3: trouble among younger consumers, which I find to be particularly 56 00:02:47,440 --> 00:02:49,640 Speaker 3: interesting here. But it sounds like, you know, people are 57 00:02:49,639 --> 00:02:51,959 Speaker 3: on a budget. I mean, what weeks ago or months ago, 58 00:02:52,000 --> 00:02:54,840 Speaker 3: they were talking about the portion sizes of what Chapotlee 59 00:02:54,960 --> 00:02:56,560 Speaker 3: was offering and there were a lot of people hammering 60 00:02:56,600 --> 00:02:59,040 Speaker 3: down on social media and they definitely responded to that. 61 00:02:59,120 --> 00:03:01,000 Speaker 3: So it seems as though the assumer really leads a 62 00:03:01,000 --> 00:03:01,440 Speaker 3: trend here. 63 00:03:01,560 --> 00:03:03,680 Speaker 1: We had a great conversation with Frey Brown I feel 64 00:03:03,720 --> 00:03:05,760 Speaker 1: like about two companies that were in the news big 65 00:03:05,800 --> 00:03:09,120 Speaker 1: time this week, Chipotle and Starbucks both. I mean Chipotle 66 00:03:09,280 --> 00:03:12,320 Speaker 1: used to be run by Brian Nickel, the CEO. He's 67 00:03:12,360 --> 00:03:15,640 Speaker 1: now at Starbucks. But just interesting in terms of what 68 00:03:15,680 --> 00:03:17,119 Speaker 1: we're seeing for those two companies. 69 00:03:17,280 --> 00:03:19,960 Speaker 4: And to Nora's point too about younger consumers pulling back. 70 00:03:19,960 --> 00:03:22,000 Speaker 4: There's a great read on the Bloomberg Terminal. You should 71 00:03:22,040 --> 00:03:24,800 Speaker 4: check it out this weekend. It's by Charles Gorevin and 72 00:03:24,840 --> 00:03:29,200 Speaker 4: read Picker. They cover the economy Chipotle and Shakeshack warn 73 00:03:29,240 --> 00:03:31,200 Speaker 4: of trouble among younger consumers. 74 00:03:31,600 --> 00:03:33,360 Speaker 3: You know what's interesting though, I'm looking at the A 75 00:03:33,440 --> 00:03:37,119 Speaker 3: and R page on Chippotle. Yeah, zero cells, twenty eight 76 00:03:37,160 --> 00:03:39,840 Speaker 3: people saying by an eleven saying old, but nobody has. 77 00:03:39,840 --> 00:03:42,920 Speaker 4: At the analyst recommendations page available in the Bloomberg Terminal, 78 00:03:43,000 --> 00:03:45,280 Speaker 4: you can look at the calls that current analysts have 79 00:03:45,840 --> 00:03:47,880 Speaker 4: and they all they're all okay with it. 80 00:03:47,920 --> 00:03:50,119 Speaker 1: An it's rarely put as CEL ratings. 81 00:03:50,800 --> 00:03:52,760 Speaker 4: Sure, oh I'm looking at the wrong one. 82 00:03:52,800 --> 00:03:57,080 Speaker 1: So rarely weird, rarely good as CEL rating. But it's 83 00:03:57,080 --> 00:03:59,120 Speaker 1: a great question because I do wonder it's like, at 84 00:03:59,160 --> 00:04:00,920 Speaker 1: what point do you be like, wait a minute, there's 85 00:04:00,920 --> 00:04:01,440 Speaker 1: some problems. 86 00:04:02,440 --> 00:04:06,680 Speaker 2: The Stockmovers Report from Bloomberg Radio. Check back with us 87 00:04:06,720 --> 00:04:09,520 Speaker 2: throughout the day for the latest roundup of companies making 88 00:04:09,600 --> 00:04:13,200 Speaker 2: news on Wall Street and for the latest market moving headlines. 89 00:04:13,400 --> 00:04:17,400 Speaker 2: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg 90 00:04:17,480 --> 00:04:20,560 Speaker 2: dot com, and on Applecarplay and Android Auto with the 91 00:04:20,560 --> 00:04:21,960 Speaker 2: Bloomberg Business app.