WEBVTT - On Holding Climbs, Advanced Micro Devices Rallies, Black Rock Coffee Bar Drops on Outlook

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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 1>Let's take a look at some of the stocks that

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<v Speaker 1>are on the move today. I'm Paul Swing alongside Scarlet

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<v Speaker 1>fol when we're joined by Bloomers Nora Melinda Norramon. What

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<v Speaker 1>are you looking at?

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<v Speaker 3>Well, Paul, take a look at on Holdings. This is

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<v Speaker 3>a stock that's really been in focus a lot of today.

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<v Speaker 3>That's ticker in oh In. Of course, we know this

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<v Speaker 3>is a company that's backed by tennis player Roger Federer.

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<v Speaker 3>We're seeing shares climbing as much as twenty eight percent

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<v Speaker 3>in today's trade. This is the best day that we've

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<v Speaker 3>seen for performance since twenty twenty three, and this is

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<v Speaker 3>after it boosted its sales forecast for the year. We

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<v Speaker 3>did get some better than expected third quarter results as well.

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<v Speaker 3>That's really booing the stock higher. But we are thinking

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<v Speaker 3>about a lot of sales that are happening both in

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<v Speaker 3>Asia and Europe. It seems as though this sneaker is

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<v Speaker 3>clearly a hit, especially as you pair it up to

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<v Speaker 3>a lot of the competitors that's really been rivaling during

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<v Speaker 3>this time period, Nike under our It seems like it

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<v Speaker 3>might be the new shoe that everybody cares about right now.

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<v Speaker 1>Yeah, for a while, that's all I saw on people's

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<v Speaker 1>feet on holding stinkers. Yeah, I didn't know it was

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<v Speaker 1>a thing till recently me either.

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<v Speaker 3>I was behind the curve apparently, Honora the second suck.

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<v Speaker 3>You're looking at AMD. This is ticker AMD shares rising

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<v Speaker 3>as much as eleven percent. This is the biggest introgy

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<v Speaker 3>jump that we've seen since October. The company projected accelerating

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<v Speaker 3>sales growth over the next five years. We did get

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<v Speaker 3>some analysts on Wall Street saying that they're positive here

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<v Speaker 3>in the forecast and they do see material upside to

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<v Speaker 3>current estimates here. But if you look at chair performance

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<v Speaker 3>on the year, I'm seeing shares of AMD up about

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<v Speaker 3>one hundred and fifteen percent year to date, So this

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<v Speaker 3>has definitely been a positive year for shareholders of AMD.

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<v Speaker 1>Yeah, that is a nice move there. And there's another

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<v Speaker 1>name that's been out there for a while, but boy,

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<v Speaker 1>they've certainly caught the AI wave there. Black Rock Coffee Bar. Again,

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<v Speaker 1>didn't know what was a thing, so let me know

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<v Speaker 1>what's going on.

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<v Speaker 3>It is my first day hearing of it, so I

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<v Speaker 3>might be out of the loop here. This is ticker

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<v Speaker 3>BRCB actually went public back on September twelfth year. We

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<v Speaker 3>are seeing shares sliding though, dropping as much as five

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<v Speaker 3>percent today. This is after it announced first quarter, it's

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<v Speaker 3>first earnings report since going public just in September, and

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<v Speaker 3>it did give an outlook for the year, but it

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<v Speaker 3>did disappoint. I mean, Morgan Stanley is saying that if

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<v Speaker 3>the aspiration of the new IPOs is to handily beat

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<v Speaker 3>at least the first few quarters, that didn't really happen

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<v Speaker 3>this time across the P and L for the company.

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<v Speaker 1>Yeah, this like what I took like a million companies

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<v Speaker 1>public as in research channels and as a banker, I

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<v Speaker 1>knew what the first probably two quarters numbers were going

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<v Speaker 1>to be. To the penny. There's no risk of disappointment there.

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<v Speaker 1>What are you guys gon to earn first quarter out

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<v Speaker 1>of the box, you know, And I'll come in there

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<v Speaker 1>a little bit of a discount. You can beat my number.

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<v Speaker 1>Everybody's happy. I don't think they play the game anymore.

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<v Speaker 1>I don't get it.

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<v Speaker 3>It's a bit different.

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

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