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Speaker 1: Bloomberg Audio Studios, podcasts, radio news. The Stock Movers Report,

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Speaker 1: your roundup of companies making moves in the stock market,

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Speaker 1: harnessing the power of Bloomberg data. Let's take a look

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Speaker 1: at some of the stocks on the move today.

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Speaker 2: We can do that with Bloomberg's normal Linda Nor, what

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Speaker 2: are you looking at? Well, I'm looking at shares of Deer.

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Speaker 2: This is sick Er Dee, the stock falling more than

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Speaker 2: one percent today. This is after a downgrade from Jeffrees.

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Speaker 2: They downgraded the stock to hold from it to underperform

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Speaker 2: excuse me from hold. So essentially the analysts over there

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Speaker 2: are saying that they've turned barrish on the company. They're

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Speaker 2: saying that this is after shares of rally to an

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Speaker 2: all time high. The stock is praising in a rebound

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Speaker 2: in the farm economy that appears quote unquote elusive and

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Speaker 2: a downturn should reach its worst point this year. But

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Speaker 2: the analyst does say that truffs have lasted years in

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Speaker 2: the past, and farmers face high costs and a volatile

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Speaker 2: trade environment. Stock putty year to date, so taking profits, ok,

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Speaker 2: not bad? Clearly. So yeah. Also, moving over into the

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Speaker 2: residential space, I've got my eyes on Varius Residential. This

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Speaker 2: is a real estate investment trusts about one point seven

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Speaker 2: billion dollars in market cap. Focuses on multi family properties.

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Speaker 2: This company earlier hitting it seeing its best day since July,

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Speaker 2: and this is after it said it will be acquired

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Speaker 2: by an investor consortium led by Affineus Capital in a

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Speaker 2: partnership with Vista Hill Partners. This is an all cash

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Speaker 2: transaction for nineteen dollars per share. So currently seeing shares

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Speaker 2: of VRE on the rise, up for double digit games

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Speaker 2: right now. All right, let's stick with the upward trajectory

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Speaker 2: of individual stocks. You're also looking at a biotech name,

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Speaker 2: very small name. There's so many biotechs out there. This

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Speaker 2: one is about fifty nine point one million dollars in market.

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Speaker 2: Capital is making some really big moves today because we

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Speaker 2: saw the stock has really been in focus earlier, surging

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Speaker 2: as much as forty five percent. This is after the

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Speaker 2: US FDA approved the firms oral medication for treating manic

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Speaker 2: or mixed episodes in bipolar one disorder and gets aprendi

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Speaker 2: in adults. So clearly the street is liking this. We're

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Speaker 2: seeing shares up right now, up about forty percent. As

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Speaker 2: we say, Vanda Right, Banta Pharmaceuticals b NDA.

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Speaker 1: The Stock Movers report from Bloomberg Radio. Check back with

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Speaker 1: us throughout the day for the latest roundup of companies

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Speaker 1: making news on Wall Street and for the latest market

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Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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