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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers podcast, 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 2: Let's take it.

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Speaker 3: Get some stocks on the move on this Tuesday with

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Speaker 3: us as Bloomberg News Equities reporter Bailly Lipsheltz on today's

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Speaker 3: stock movers. Okay, take it away.

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Speaker 4: One of the better performers, Broadcom to or Avgo right now,

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Speaker 4: still holding on to a three percent gain, was up

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Speaker 4: more than ten percent at one point this coming after

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Speaker 4: the company announced it will authorize up to ten billion

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Speaker 4: dollars in share repurchases. Analysts saying that that sends a

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Speaker 4: positive message. Again just keeping in mind, this is a

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Speaker 4: seven hundred and forty six billion dollar company, so pretty

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Speaker 4: big company, but with a big sizeable plan to buy

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Speaker 4: back some stock. And it is also standing out against

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Speaker 4: a semiconductor's index that's down one point two percent. One

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Speaker 4: of a few companies still holding onto the green.

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Speaker 3: Companies do this right, and their stock at gets beach.

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Speaker 2: Hosed to buy low.

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Speaker 4: Exactly the downside, when you're like, we're actually going to

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Speaker 4: buy ten billion dollars at an all time high and

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Speaker 4: then top take your stock and less exciting.

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Speaker 3: I was from there get to the healthcare names, because

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Speaker 3: we definitely saw as a group some movement here.

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Speaker 4: Yeah, calling out Humana up right now more than ten

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Speaker 4: percent ticker hum We are seeing strength for United Health CVS,

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Speaker 4: a number of other companies is coming after some new

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Speaker 4: rates were unveiled for Medicare advantage and Medicare's ability to

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Speaker 4: really pay and reimburse these managed care names, these insurance companies.

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Speaker 4: So about double what Wall Street was looking for, double

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Speaker 4: what had been penciled in. There's still some uncertainty about

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Speaker 4: the path forward in terms of what the Trump administration

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Speaker 4: could do to pinch some of these so called managed

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Speaker 4: care middlemen is some skeptics put it. But still a

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Speaker 4: double digit move, biggest rally since right after the election

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Speaker 4: for the company.

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Speaker 2: I think what's.

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Speaker 3: Interesting is it's a reminder that even in a day

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Speaker 3: when you know we're well off our highs, that fundamental

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Speaker 3: news still moves names and groups. I feel like, even

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Speaker 3: when there's.

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Speaker 1: You know, voluntil news from Washington.

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Speaker 3: Fundamental news from Washington. Yeah, but I mean other than

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Speaker 3: tear concern.

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Speaker 4: Yeah, that's a really good point, especially when you're we're

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Speaker 4: talking about Human is a big company, but you and

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Speaker 4: age at one point at more than eight percent, it's

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Speaker 4: half a trillion dollars. So we're not talking about a

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Speaker 4: mid cap company by any means.

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Speaker 1: Exactly, exactly, there's a name on your list that we

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Speaker 1: don't talk about each and every day, RPM.

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Speaker 4: International really, ever, I don't know how often you guys

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Speaker 4: talk about seals and chemicals.

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Speaker 1: I actually had to look this one up. I didn't

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Speaker 1: know what it actually.

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Speaker 3: A decent market cap size, twelve.

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Speaker 1: Point six billion dollar company. They do various specialty chemical

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Speaker 1: product lines. Why is it on your radar today?

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Speaker 4: Yeah? They're down right now eight point three percent, the

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Speaker 4: biggest decline since January twenty twenty three, so that's some

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Speaker 4: real size and scope. Also trading at the lowest level

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Speaker 4: since November twenty twenty three. They had earnings that were

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Speaker 4: worse than expected. They also forecast flat sales for the

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Speaker 4: quarter ahead. The thing that stood out to though, looking

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Speaker 4: through some of the analyst notes key Bank basically saying

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Speaker 4: that the results, again backwards looking left them with the

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Speaker 4: impression that demand growth had softened in recent months. So

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Speaker 4: that's before tariffs could be impacting not only the company's costs,

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Speaker 4: which the CEO talked about how tariff situation could increase

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Speaker 4: their costs from low single digits to mid single digits

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Speaker 4: because of their unknown nature as it relates to raw materials,

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Speaker 4: but also the fact that if people are cutting back,

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Speaker 4: spending and cutting back and proving their houses, that does

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Speaker 4: impact their end market.

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Speaker 1: It makes me.

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Speaker 3: Go to the supply chain function on the Bloomberg and

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Speaker 3: we'k at what are their biggest customers Home Depot, lows

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Speaker 3: Ace Hardware, Wolmart, Amazons, True Value yeah right, or contractors

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Speaker 3: and so on and so forth.

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Speaker 1: Can we look at it as a test of some

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Speaker 1: sort of Canarian and coal mine or bell weather.

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Speaker 4: Well maybe they did say that they saw weakness because

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Speaker 4: it was unseasonably cold in the South and also the

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Speaker 4: wildfires out in California, so they called out those kind

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Speaker 4: of exogenous events. But we are seeing Abbamarle, which is

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Speaker 4: the worst performing the SP five hundred, appear down eleven percent,

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Speaker 4: so they're trading at their lowest level since March twenty twenty.

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Speaker 4: So we are seeing broader ramifications for an industry again

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Speaker 4: that is heavily skewed towards supply chains that would be

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Speaker 4: impacted by tariffs, and also just the fact that if

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Speaker 4: your base goods cost more, that goes up the supply

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Speaker 4: chain and that ends up being something that home depot

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Speaker 4: and consumers end up facing.

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Speaker 2: The Stock Movers podcast 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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