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Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.

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

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

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Speaker 1: I'm Carol Master along with Tim Stenovik. Let's get to

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Speaker 1: some of the stocks in the move today. With us

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Speaker 1: is Bloomberg News Equities reporter Norma Melnda number one.

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Speaker 3: What do you got?

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Speaker 2: So?

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Speaker 4: I'm looking at shares of Novo Nordis. We're seeing shares

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Speaker 4: of Novo Nordis though that is take our in vo.

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Speaker 4: We're seeing them down for double digit losses today, really

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Speaker 4: steep declines. It's actually its worst daily performance since nineteen

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Speaker 4: eighty seven, and this is after the company had a

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Speaker 4: steep cut to its outlook. Here, it's really having a

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Speaker 4: lot of investors a little bit worried about its performance

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Speaker 4: moving forward, especially because of the fact that it's really

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Speaker 4: apparently struggling to find market share against the likes of

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Speaker 4: Eli Lilly's drug, which is zet bound. Of course, we

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Speaker 4: know that Novo Nordisk really has a GOV they're struggling

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Speaker 4: with sales, but additionally they did actually mention that they

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Speaker 4: have a new CEO that will be coming. We knew

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Speaker 4: that was going to be a change that was made,

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Speaker 4: but it's going to be an insider here, So that's

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Speaker 4: kind of what I'm looking at in that space.

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Speaker 3: Eighty rs of a Novo nordis down more than twenty

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Speaker 3: one percent right now.

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Speaker 2: Pal Out the Networks, p ANW what's going on.

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Speaker 4: Absolutely, we're looking at shares of this company. They're also

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Speaker 4: a bit lower right now, but it isn't talks to

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Speaker 4: acquire an Israeli cybersecurity provider, cyber Arc Software, and they're

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Speaker 4: saying that this could mark the one of the biggest

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Speaker 4: tech takeovers this year. So really interesting stuff as we're

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Speaker 4: parsing through, and people are saying that it could potentially

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Speaker 4: be finalized as soon as later this week. So really

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Speaker 4: got all eyes on this company right now.

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Speaker 3: Right I'm trying to make the deal finally happening. If

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Speaker 3: you the deal, yeah, it give you a be Carol.

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Speaker 3: That is good for that one.

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Speaker 1: We're kind of work on it. We get a railroad

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Speaker 1: justice quickly.

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Speaker 4: Of course. We have the deal between Union Pacific and

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Speaker 4: Norfolk Southern here, which of course has been really long awaited.

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Speaker 4: Here seventy two billion dollar deal cash and stock transaction,

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Speaker 4: lots of eyes on it. Of course here this will

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Speaker 4: be the biggest transcontinental railroad in the United States.

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Speaker 1: But both stocks down, both stocks a lot, so maybe

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Speaker 1: because it's been out there for a lot.

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Speaker 4: It's all news now at this point.

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Speaker 2: Karrol I don't know.

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Speaker 1: We like real roads. Who doesn't.

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Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with

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

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

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