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Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The.

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Speaker 2: Stock Movers Report, your roundup of companies making moves in

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Speaker 2: the stock market harnessing the power of Bloomberg Data.

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Speaker 1: Let's take a look at where some of the stocks

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Speaker 1: on the move are today. We can do that with

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Speaker 1: Bloomberg's Avalon Pernail, Avlon. What are you looking at that

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Speaker 1: in the marketplace today? Well, to start, we can look

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Speaker 1: at Concentric Sets ticker CNXC. It's following about twenty three

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Speaker 1: percent to hit our record low. And most ever, that's

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Speaker 1: after the firm's second quarter forecast was way weaker than expected.

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Speaker 1: Is it justice EPs guidance missed expectations in the midpoint

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Speaker 1: of its revenue range also fell short. That's kind of

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Speaker 1: ill timed as investors continue to question what structural threats

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Speaker 1: AI will post to its business. And Bloomberg Intelligence is

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Speaker 1: out with a note today saying that while Concentrics has

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Speaker 1: touted momentum in large deals clients seeking you know, to

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Speaker 1: leverage that autonomous AI solutions, those deals continue to weigh

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Speaker 1: on margins. So definitely something we'll keep an eye out for.

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Speaker 1: Yet another enterprise software company under attack. All right, what's

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Speaker 1: next on your list? Next up Netgear that's ticker NTGR,

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Speaker 1: gaining about eleven percent for most interday since October. That's

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Speaker 1: after the FCC band wireless router imports citing some security concerns,

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Speaker 1: which on its face you would think that would actually

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Speaker 1: be bad for this company. However, analysts are saying that

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Speaker 1: the move could dramatically shake up the market for routers,

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Speaker 1: which are primarily made overseas. That being said, Stiefol says

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Speaker 1: that Netgear is very well positioned to navigate this regulatory

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Speaker 1: change because it does not manufacture in.

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Speaker 2: China, m and a trade in the beauty business. Stay Lauder,

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Speaker 2: what's going on there?

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Speaker 1: Yes, Stay Lauder ticker EL sliding about seven point three

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Speaker 1: percent right now. That's after it's been confirming that it's

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Speaker 1: going to be having talks with Pooge brands that they're

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Speaker 1: potentially going to merge. For those unfamiliar, Pooge is the

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Speaker 1: parent company behind brands like Charlotte Tilbury and also Carolina

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Speaker 1: Herrera SD. Latter has a pretty wide port folio of

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Speaker 1: about two dozen brands including Mac, Bobby Brown, Lamare and

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Speaker 1: also the ordinary. Investors continue to question how adding more

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Speaker 1: fragrances potentially to sc Lauter's existing portfolio will help a

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Speaker 1: fix a business that's continue to be in the early

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Speaker 1: stages of its turnaround. However, TD Cohen is writing in

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Speaker 1: a note that while the deal could help Fragrance, the

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Speaker 1: integration and execution risk would be very high. So the

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Speaker 1: exact terms of the deal are still unknown and obviously

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Speaker 1: nothing is set in stone, but we'll continue to keep

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Speaker 1: an eye.

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Speaker 2: Out this stock mover's report from Bloomberg Radio. Check back

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Speaker 2: with us throughout the day for the latest roundup of

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Speaker 2: companies making news on Wall Street and for the latest

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Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us

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Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android

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Speaker 2: Auto with the Bloomberg Business app.