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, let's take a look
Speaker 1: at some of the stocks on the move today. We
Speaker 1: can do that with Bloomberg News. Is Carmen Reinike, she's
Speaker 1: in studio, Carmen, what do you got for us? Yeah?
Speaker 2: So the first one I'm looking at this morning is
Speaker 2: Hymns and Hers. So this is ticker hims SO stocks
Speaker 2: a little bit off of its highs of the day
Speaker 2: so far, but up about five percent, on track to
Speaker 2: extend a rally from yesterday into two days. So this
Speaker 2: is after RFK Junior how Secretary said the FDA is
Speaker 2: seeking to move or remove excuse me, twelve peptides from
Speaker 2: Category two restrictions. This could be really good for Hymns
Speaker 2: and Hers. So they have signaled that they would like
Speaker 2: to sell peptides once these regulations are loosened. So could
Speaker 2: be a good one in this story, not about GLP one.
Speaker 2: I know, well a different kind of injection. But you know,
Speaker 2: my social media feed is just flooded with the you know,
Speaker 2: the Hymns and Hers.
Speaker 1: You must have on something once. Yeah, and now the
Speaker 1: pain you, as someone who's although obvious candidate.
Speaker 2: Do you think that the active ingredient in some JLP
Speaker 2: ones is a peptide? Okay, there is a link there,
Speaker 2: Thank you for making that. But you're right, a different
Speaker 2: a different kind of thing. So that's hims and hers.
Speaker 2: The next one I'm looking at right now is Abbot Labs.
Speaker 2: So this is ABT. Shares are down four percent right now,
Speaker 2: so this is a medical devices firm. It cut its
Speaker 2: adjusted earnings per share guidance for the full year. This
Speaker 2: was adjusting for its acquisition of Exact Sciences, which is
Speaker 2: a cancer screening company. This the so Abbot has bought
Speaker 2: this company. It's supposed to help its diagnostics business, which
Speaker 2: has been suffering since COVID nineteen. You know, we're just
Speaker 2: not testing as much anymore.
Speaker 1: This was.
Speaker 2: Not beneficial for Abbot. So the company also gave a
Speaker 2: profit guidance for the second quarter that fell short of expectations.
Speaker 2: So seeing a little bit of red on the screen
Speaker 2: today and a pretty big decline for the stock this year.
Speaker 1: And last one is actually a big mover from earlier
Speaker 1: this week as well.
Speaker 2: Yeah, so looking at all birds. This is ticker b
Speaker 2: I r D. So yesterday, obviously we saw this huge
Speaker 2: run up in the shares after it said it was
Speaker 2: pivoting to be an AI company. Obviously UNI formerly a
Speaker 2: shoe company. And today the stock is lower, it's down
Speaker 2: about twenty percent. I mean still, if you look at
Speaker 2: the chart, it's just it's just looking it's looking pretty crazy.
Speaker 2: But big decline there, although after you know, a six
Speaker 2: hundred percent of to day.
Speaker 1: Yeah, the Stock Mover's Report from Bloomberg Radio. Check back
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