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 00:00:16,600 --> 00:00:18,799 Speaker 3: Let's take a look at some of the stock movers 5 00:00:18,840 --> 00:00:19,680 Speaker 3: on the day. 6 00:00:19,720 --> 00:00:22,040 Speaker 2: We do that with Alexis Christopher's Alexis, what are you 7 00:00:22,079 --> 00:00:22,639 Speaker 2: looking at today? 8 00:00:22,880 --> 00:00:25,560 Speaker 3: I'm looking at Novo Nordis, guys, because it's really taken 9 00:00:25,600 --> 00:00:28,600 Speaker 3: it on the chin, and it has really fallen out 10 00:00:28,640 --> 00:00:31,600 Speaker 3: of favor with investors as of late. And by that 11 00:00:31,680 --> 00:00:33,839 Speaker 3: I mean the past year. I mean the stock is 12 00:00:33,880 --> 00:00:37,080 Speaker 3: down fifty four percent in just the past year. Today alone, 13 00:00:37,080 --> 00:00:40,560 Speaker 3: Novo Nordisks down more than fourteen percent year to date. 14 00:00:40,800 --> 00:00:43,360 Speaker 3: That brings its loss to twenty percent. This, of course 15 00:00:43,400 --> 00:00:48,040 Speaker 3: the Danish medical pharma company, so it had a trial run. 16 00:00:48,080 --> 00:00:50,440 Speaker 3: It went on a head to head trial with Eli 17 00:00:50,479 --> 00:00:54,120 Speaker 3: Lilly when it comes to their next generation weight loss injection, 18 00:00:54,760 --> 00:00:58,560 Speaker 3: and it did not do nearly as well as Eli 19 00:00:58,640 --> 00:01:02,080 Speaker 3: Lilly's injection, and so as a result, the stock is 20 00:01:02,120 --> 00:01:05,560 Speaker 3: getting punished. Lots of analysts swaying in one Morgan Stanley 21 00:01:05,560 --> 00:01:09,240 Speaker 3: analyst saying, this is the result of those tests are 22 00:01:09,280 --> 00:01:12,880 Speaker 3: the absolute worst case scenario for Novo Nordisk, So. 23 00:01:13,080 --> 00:01:14,320 Speaker 2: It feels like it can't catch your break. 24 00:01:14,440 --> 00:01:16,880 Speaker 1: I mean you, you know, every news that comes out 25 00:01:16,959 --> 00:01:19,640 Speaker 1: is like incrementally, I don't want to say terrible, but 26 00:01:19,760 --> 00:01:20,880 Speaker 1: not positive. 27 00:01:20,600 --> 00:01:23,560 Speaker 2: Right relative to the competitors. What else we get there? 28 00:01:24,319 --> 00:01:28,360 Speaker 3: I am looking at Domino Pizza because it is the 29 00:01:28,400 --> 00:01:31,160 Speaker 3: best performing stock last I checked in the S and 30 00:01:31,200 --> 00:01:34,560 Speaker 3: P five hundred. Today stock's rallying now three and a 31 00:01:34,640 --> 00:01:37,680 Speaker 3: half percent, and you're to date though it's still down 32 00:01:37,720 --> 00:01:39,720 Speaker 3: about four and a half percent. So there you go. 33 00:01:40,200 --> 00:01:44,440 Speaker 3: Fourth quarter revenue beat the street. Earnings at Domino Pizza. 34 00:01:44,480 --> 00:01:47,360 Speaker 3: Domino's Pizza in line with projections, So it made more 35 00:01:47,400 --> 00:01:49,680 Speaker 3: money by doing a few things, selling more food to 36 00:01:49,760 --> 00:01:54,080 Speaker 3: its stores, charging higher prices for ingredients. So there's inflation right. 37 00:01:54,120 --> 00:01:56,560 Speaker 3: Another way, it's sort of rearing its ugly head and 38 00:01:56,600 --> 00:02:00,720 Speaker 3: collecting more fees from franchise operators for things like royalties 39 00:02:00,880 --> 00:02:03,400 Speaker 3: and advertising. You know, a lot of people were saying 40 00:02:03,440 --> 00:02:06,640 Speaker 3: that pizza like sort of was over, that people weren't 41 00:02:06,680 --> 00:02:10,320 Speaker 3: going out and buying pizza. So the CEO of Domino's Pizza, 42 00:02:10,360 --> 00:02:12,560 Speaker 3: and of course he has his own reasons for saying this, right, 43 00:02:12,600 --> 00:02:15,320 Speaker 3: He said the sector continues to grow modestly in the US, 44 00:02:15,320 --> 00:02:18,600 Speaker 3: and that the chain is taking market share from its competitors. 45 00:02:18,600 --> 00:02:21,840 Speaker 3: So I guess the crust stuffed pizza at Domino's Pizza. 46 00:02:21,960 --> 00:02:25,560 Speaker 3: Do they mention the spiccoli effect at all for Dominoes? No? 47 00:02:25,720 --> 00:02:28,520 Speaker 3: What is that with all the gummies and the weed 48 00:02:28,840 --> 00:02:32,960 Speaker 3: and all the hing their pizza with that now and. 49 00:02:32,960 --> 00:02:34,360 Speaker 2: They need they need to call someone. 50 00:02:36,000 --> 00:02:40,000 Speaker 3: Didn't connect the dots there, John Tusser, It's all right. Well, 51 00:02:40,040 --> 00:02:43,280 Speaker 3: how about these package companies. We don't really talk talk 52 00:02:43,320 --> 00:02:46,880 Speaker 3: about them as a group often, but international paper smurfeit. 53 00:02:47,800 --> 00:02:50,920 Speaker 3: They are just getting killed today. They're coming under pressure 54 00:02:50,919 --> 00:02:54,160 Speaker 3: after a surprise drop and US container board and liner 55 00:02:54,240 --> 00:02:58,679 Speaker 3: board prices driven by weak demand, aggressive discounting, and a 56 00:02:58,840 --> 00:03:02,679 Speaker 3: rise in European imports. JP Morgan said this unexpected price 57 00:03:02,760 --> 00:03:06,160 Speaker 3: decline is a negative development for international paper and really 58 00:03:06,200 --> 00:03:09,440 Speaker 3: for the entire sector and could weigh on their earnings, 59 00:03:09,520 --> 00:03:14,400 Speaker 3: outlook and valuation. So international paper is down now. I 60 00:03:14,400 --> 00:03:16,839 Speaker 3: just want to check it real quick, but it has been. 61 00:03:17,000 --> 00:03:18,760 Speaker 3: It was one of the worst performers in the S 62 00:03:18,800 --> 00:03:20,480 Speaker 3: and P five hundred, if not the worst the last 63 00:03:20,480 --> 00:03:23,200 Speaker 3: time that I checked along with these other packaged companies. Yeah, 64 00:03:23,280 --> 00:03:27,520 Speaker 3: International Paper now down nearly eight percent and down about 65 00:03:27,639 --> 00:03:29,320 Speaker 3: twenty three percent in just the past year. 66 00:03:29,440 --> 00:03:31,960 Speaker 1: I wonder if the minimum amount that you get charged 67 00:03:32,520 --> 00:03:34,280 Speaker 1: that you have to buy in order to get free 68 00:03:34,280 --> 00:03:36,200 Speaker 1: shipping will change because of this, because. 69 00:03:36,040 --> 00:03:37,920 Speaker 2: Those is huge for all those knockers. 70 00:03:38,600 --> 00:03:43,320 Speaker 3: International Paper you know when it iPod October sixth, nineteen 71 00:03:43,640 --> 00:03:44,400 Speaker 3: forty one. 72 00:03:45,480 --> 00:03:48,200 Speaker 2: That amazing Wow. Lots of history there, ye. 73 00:03:48,640 --> 00:03:50,839 Speaker 3: So, And just in case you were wondering for those 74 00:03:50,840 --> 00:03:52,320 Speaker 3: out there who would like to get into the nitty 75 00:03:52,320 --> 00:03:54,880 Speaker 3: gritty and those are trading this, container board prices for 76 00:03:54,920 --> 00:03:58,000 Speaker 3: February fell by twenty dollars a ton from January, while 77 00:03:58,040 --> 00:04:00,640 Speaker 3: box board prices were unchanged for a second straight Mom. 78 00:04:00,760 --> 00:04:02,200 Speaker 3: That's what you get on the Bloomberg terminal. 79 00:04:03,040 --> 00:04:07,280 Speaker 2: The Stockmovers Report from Bloomberg Radio. 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