1 00:00:02,520 --> 00:00:07,400 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,480 Speaker 2: The Stock Mover's Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:16,760 Speaker 2: in the stock market, harnessing the power of Bloomberg data. Well, 4 00:00:16,800 --> 00:00:19,160 Speaker 2: let's get to our individual movers now. 5 00:00:19,280 --> 00:00:20,840 Speaker 1: She's been keeping an eye on them all day long, 6 00:00:20,880 --> 00:00:23,280 Speaker 1: and with less than an hour in the trading day 7 00:00:23,360 --> 00:00:25,759 Speaker 1: to go, we do have one more day in the year. 8 00:00:25,880 --> 00:00:27,640 Speaker 1: Nora Wan then joins us in the studio. Norah. 9 00:00:28,080 --> 00:00:31,280 Speaker 3: Well, Bonnie, let's circle back to that story that this is, 10 00:00:31,320 --> 00:00:34,280 Speaker 3: of course, Warner Brothers plan to reject a paramount's offer 11 00:00:34,360 --> 00:00:37,639 Speaker 3: next week. This is another offer that Paramount has been 12 00:00:37,640 --> 00:00:40,159 Speaker 3: giving Warner Brothers Discovery. They've been reiterating the fact that 13 00:00:40,159 --> 00:00:43,199 Speaker 3: they prefer Netflix's offer. This is a Bloomberg exclusive. So 14 00:00:43,240 --> 00:00:46,600 Speaker 3: we are seeing shares not too much of a reaction here, 15 00:00:46,600 --> 00:00:49,440 Speaker 3: but we are seeing Warner Brothers Discovery shares climbing higher, 16 00:00:49,560 --> 00:00:52,000 Speaker 3: up as much as seven tenths of a percent. Paramount's 17 00:00:52,000 --> 00:00:54,560 Speaker 3: guidance is pulling back from its earlier interday high that 18 00:00:54,600 --> 00:00:58,200 Speaker 3: we saw, so it's now up about just about flat 19 00:00:58,280 --> 00:01:00,960 Speaker 3: right now. Actually, So it's interesting, is people really trying 20 00:01:00,960 --> 00:01:03,280 Speaker 3: to digest what's going to happen with this story, this saga, 21 00:01:03,360 --> 00:01:05,760 Speaker 3: this back and forth that we've been seeing in terms 22 00:01:05,760 --> 00:01:07,560 Speaker 3: of us really looking to see whether or not there'll 23 00:01:07,600 --> 00:01:09,640 Speaker 3: be some m and a action to come. Looks like 24 00:01:09,680 --> 00:01:12,120 Speaker 3: it's bleeding into twenty twenty six indigestion over this. 25 00:01:13,200 --> 00:01:15,640 Speaker 1: If Netflix wins and then makes a Netflix series on 26 00:01:15,920 --> 00:01:16,760 Speaker 1: it would be right. 27 00:01:16,600 --> 00:01:18,640 Speaker 3: Now, that would be interesting. There's a tip for them. 28 00:01:19,000 --> 00:01:19,280 Speaker 2: It does. 29 00:01:19,680 --> 00:01:21,959 Speaker 1: It does read like a you know, a series. I mean, 30 00:01:22,000 --> 00:01:24,080 Speaker 1: we should point out that Warner Brothers has had quite 31 00:01:24,080 --> 00:01:26,039 Speaker 1: a pop to the upside, and actually it's just this 32 00:01:26,160 --> 00:01:29,120 Speaker 1: maneuvering but yeah, you're right, like the content here would 33 00:01:29,120 --> 00:01:29,959 Speaker 1: certainly read well. 34 00:01:29,880 --> 00:01:32,000 Speaker 3: Yeah, shares are up one hundred and seventy four percent 35 00:01:32,080 --> 00:01:33,480 Speaker 3: year today for Warner Brothers Discovery. 36 00:01:33,480 --> 00:01:35,480 Speaker 1: All right, we're gonna be talking about this one in 37 00:01:35,520 --> 00:01:38,280 Speaker 1: the new year. Hey, let's go to a story on 38 00:01:38,400 --> 00:01:40,880 Speaker 1: stock that is definitely popping in today's sessions, up about 39 00:01:40,880 --> 00:01:42,600 Speaker 1: three and a quarter percent as we speak. 40 00:01:42,360 --> 00:01:44,400 Speaker 3: Yes, looking at shares a Malina Healthcare. This has been 41 00:01:44,440 --> 00:01:46,479 Speaker 3: a stock that's been hanging as the best performing stock 42 00:01:46,840 --> 00:01:48,640 Speaker 3: in the s and P five hundred. I mean, I 43 00:01:48,640 --> 00:01:50,520 Speaker 3: guess it is also a point important to point out 44 00:01:50,560 --> 00:01:53,600 Speaker 3: that it's low trading activity right now, but we've been 45 00:01:53,640 --> 00:01:56,640 Speaker 3: keeping our eyes on this name. Nonetheless, take our moh 46 00:01:56,680 --> 00:01:59,960 Speaker 3: we're seeing shares up as much as four point eight percent. Now, 47 00:02:00,120 --> 00:02:02,120 Speaker 3: what's up about three point three percent? But this is 48 00:02:02,120 --> 00:02:05,400 Speaker 3: after Michael Berry, who people still maintain their eyes on. 49 00:02:05,760 --> 00:02:08,200 Speaker 3: He made a substack post that essentially was highlighting the 50 00:02:08,200 --> 00:02:12,640 Speaker 3: company's record of strong expense ratios and underwriting results, also 51 00:02:12,720 --> 00:02:16,280 Speaker 3: praising the company's acquisition strategies. So this is just interesting 52 00:02:16,280 --> 00:02:18,840 Speaker 3: as Michael Burry's essentially saying that this company is best 53 00:02:18,880 --> 00:02:22,320 Speaker 3: positioned to emerge stronger as a cycle turns in relation 54 00:02:22,440 --> 00:02:24,400 Speaker 3: to its competitors. Here, Caryl and. 55 00:02:24,480 --> 00:02:27,680 Speaker 1: Still somebody that everybody reads and takes very very seriously 56 00:02:27,760 --> 00:02:30,440 Speaker 1: as they should. Right talk to us about some of 57 00:02:30,440 --> 00:02:33,160 Speaker 1: these biotechs that are making crazy moves this week. 58 00:02:33,160 --> 00:02:34,359 Speaker 2: And another one today. 59 00:02:34,240 --> 00:02:38,120 Speaker 3: Yes, another one. We're seeing sharers of Ultra Genics Pharmaceutical. 60 00:02:38,200 --> 00:02:42,680 Speaker 3: This is ticker Rare jumping for double digit returns right 61 00:02:42,680 --> 00:02:45,240 Speaker 3: now on the day. We're seeing this as the best 62 00:02:45,520 --> 00:02:47,840 Speaker 3: performance we've seen from the stock since August of twenty 63 00:02:47,880 --> 00:02:49,960 Speaker 3: twenty four. This is a rebound after the stock hit 64 00:02:49,960 --> 00:02:53,239 Speaker 3: a record low just yesterday. On a study failure. We're 65 00:02:53,240 --> 00:02:56,040 Speaker 3: seeing Jeffrey's analysts saying that the stock could continue to 66 00:02:56,040 --> 00:02:59,120 Speaker 3: rebound in twenty twenty six ahead of a late stage 67 00:02:59,240 --> 00:03:01,960 Speaker 3: data updates that is expected. So when you look at 68 00:03:02,000 --> 00:03:04,959 Speaker 3: shares of the stock though, down about forty seven percent 69 00:03:05,000 --> 00:03:07,040 Speaker 3: so far this year, so a brutal year. We'll have 70 00:03:07,040 --> 00:03:09,320 Speaker 3: to see if it can actually eke out a turnaround. 71 00:03:09,360 --> 00:03:11,200 Speaker 1: Yeah, nearly ten percent of the float is short too, 72 00:03:11,240 --> 00:03:13,280 Speaker 1: so there's some negative sentiment out there. 73 00:03:15,200 --> 00:03:19,200 Speaker 2: The Stock Movers report from Bloomberg Radio. 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