Speaker 1: Bloomberg Audio Studios, podcasts, radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 1: Let's take a look at some of the stocks that
Speaker 1: are on the move today. I'm Paul Swing alongside Scarlet
Speaker 1: fol when we're joined by Bloomers Nora Melinda Norramon. What
Speaker 1: are you looking at?
Speaker 3: Well, Paul, take a look at on Holdings. This is
Speaker 3: a stock that's really been in focus a lot of today.
Speaker 3: That's ticker in oh In. Of course, we know this
Speaker 3: is a company that's backed by tennis player Roger Federer.
Speaker 3: We're seeing shares climbing as much as twenty eight percent
Speaker 3: in today's trade. This is the best day that we've
Speaker 3: seen for performance since twenty twenty three, and this is
Speaker 3: after it boosted its sales forecast for the year. We
Speaker 3: did get some better than expected third quarter results as well.
Speaker 3: That's really booing the stock higher. But we are thinking
Speaker 3: about a lot of sales that are happening both in
Speaker 3: Asia and Europe. It seems as though this sneaker is
Speaker 3: clearly a hit, especially as you pair it up to
Speaker 3: a lot of the competitors that's really been rivaling during
Speaker 3: this time period, Nike under our It seems like it
Speaker 3: might be the new shoe that everybody cares about right now.
Speaker 1: Yeah, for a while, that's all I saw on people's
Speaker 1: feet on holding stinkers. Yeah, I didn't know it was
Speaker 1: a thing till recently me either.
Speaker 3: I was behind the curve apparently, Honora the second suck.
Speaker 3: You're looking at AMD. This is ticker AMD shares rising
Speaker 3: as much as eleven percent. This is the biggest introgy
Speaker 3: jump that we've seen since October. The company projected accelerating
Speaker 3: sales growth over the next five years. We did get
Speaker 3: some analysts on Wall Street saying that they're positive here
Speaker 3: in the forecast and they do see material upside to
Speaker 3: current estimates here. But if you look at chair performance
Speaker 3: on the year, I'm seeing shares of AMD up about
Speaker 3: one hundred and fifteen percent year to date, So this
Speaker 3: has definitely been a positive year for shareholders of AMD.
Speaker 1: Yeah, that is a nice move there. And there's another
Speaker 1: name that's been out there for a while, but boy,
Speaker 1: they've certainly caught the AI wave there. Black Rock Coffee Bar. Again,
Speaker 1: didn't know what was a thing, so let me know
Speaker 1: what's going on.
Speaker 3: It is my first day hearing of it, so I
Speaker 3: might be out of the loop here. This is ticker
Speaker 3: BRCB actually went public back on September twelfth year. We
Speaker 3: are seeing shares sliding though, dropping as much as five
Speaker 3: percent today. This is after it announced first quarter, it's
Speaker 3: first earnings report since going public just in September, and
Speaker 3: it did give an outlook for the year, but it
Speaker 3: did disappoint. I mean, Morgan Stanley is saying that if
Speaker 3: the aspiration of the new IPOs is to handily beat
Speaker 3: at least the first few quarters, that didn't really happen
Speaker 3: this time across the P and L for the company.
Speaker 1: Yeah, this like what I took like a million companies
Speaker 1: public as in research channels and as a banker, I
Speaker 1: knew what the first probably two quarters numbers were going
Speaker 1: to be. To the penny. There's no risk of disappointment there.
Speaker 1: What are you guys gon to earn first quarter out
Speaker 1: of the box, you know, And I'll come in there
Speaker 1: a little bit of a discount. You can beat my number.
Speaker 1: Everybody's happy. I don't think they play the game anymore.
Speaker 1: I don't get it.
Speaker 3: It's a bit different.
Speaker 2: This stock mover's report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the latest market
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