1 00:00:02,520 --> 00:00:08,800 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,880 --> 00:00:13,160 Speaker 2: Stock Movers podcast, your roundup of companies making moves in 3 00:00:13,200 --> 00:00:16,759 Speaker 2: the stock market. Harnessing the power of Bloomberg Data. 4 00:00:17,360 --> 00:00:19,600 Speaker 3: Let's get a sense of what's some individual stocks you're 5 00:00:19,640 --> 00:00:21,880 Speaker 3: doing right now. We do that with Christina Quino. She 6 00:00:22,120 --> 00:00:24,439 Speaker 3: is from Bloomberg News. She covers all the markets for 7 00:00:24,560 --> 00:00:26,120 Speaker 3: she knows what's going on. Christine, what do you. 8 00:00:26,040 --> 00:00:26,480 Speaker 2: Have for us? 9 00:00:26,640 --> 00:00:29,720 Speaker 1: Well, let's take a closer look at those Nike shares, Paul, 10 00:00:29,760 --> 00:00:32,400 Speaker 1: because yeah, John Tucker said, a lot of volatility there 11 00:00:32,400 --> 00:00:36,360 Speaker 1: into Nike ticker NKE currently up one point four percent. 12 00:00:36,600 --> 00:00:39,200 Speaker 1: But we did get a lot of whipsaw there once 13 00:00:39,640 --> 00:00:42,360 Speaker 1: we got some more details of President Trump's trade deal 14 00:00:42,520 --> 00:00:45,559 Speaker 1: with Vietnam, and so the deal on the table is 15 00:00:45,760 --> 00:00:48,120 Speaker 1: as such, right, he's going to be charging whether he 16 00:00:48,280 --> 00:00:52,199 Speaker 1: is going to be charging twenty percent for Vietnam or 17 00:00:52,400 --> 00:00:55,160 Speaker 1: Vendam's gonna be paying twenty percent to the US for 18 00:00:55,360 --> 00:00:59,480 Speaker 1: any imports, and then also forty percent tariff on trans shipping. 19 00:00:59,520 --> 00:01:03,520 Speaker 1: So that's and you know, goods come from one location 20 00:01:03,880 --> 00:01:07,240 Speaker 1: transferred to an intermediate destination before it reaches its final destination. 21 00:01:07,840 --> 00:01:11,679 Speaker 1: So yeah, Nike shares not liking some of those details. 22 00:01:11,720 --> 00:01:13,560 Speaker 3: Let's speak clear on the language. And this is for 23 00:01:13,720 --> 00:01:17,320 Speaker 3: Michael mckaine, Bloomberg Economics reporter. It's important to note that 24 00:01:17,440 --> 00:01:21,200 Speaker 3: Vietnam is not going to pay us anything. American companies 25 00:01:21,240 --> 00:01:24,360 Speaker 3: and consumers will pay the tax. That's how tariffs work. 26 00:01:24,959 --> 00:01:28,040 Speaker 1: There you go. So yeah, the investors again trying to 27 00:01:28,080 --> 00:01:30,640 Speaker 1: parse all those details and still trying to figure out 28 00:01:30,680 --> 00:01:32,760 Speaker 1: what that all means. Is a lot of volatility in 29 00:01:32,920 --> 00:01:34,279 Speaker 1: those shares today, and it's interesting. 30 00:01:34,280 --> 00:01:35,920 Speaker 4: I'm still stuck on yesterdays and he was about the 31 00:01:35,920 --> 00:01:38,320 Speaker 4: snow first. Do we remember this or is too much 32 00:01:38,319 --> 00:01:41,800 Speaker 4: happened in the past twenty four hours? These hybrid sneaker loafers, 33 00:01:42,240 --> 00:01:43,520 Speaker 4: are any of you undred dollars? 34 00:01:43,600 --> 00:01:43,679 Speaker 1: Ye? 35 00:01:43,880 --> 00:01:44,440 Speaker 4: Five hundred? 36 00:01:44,480 --> 00:01:45,640 Speaker 2: I missed that bar, Yes. 37 00:01:45,600 --> 00:01:46,920 Speaker 1: Would you be a buyer of those? No? 38 00:01:49,160 --> 00:01:49,640 Speaker 2: Winckler, Mike. 39 00:01:51,160 --> 00:01:54,000 Speaker 1: Looking at Amcor today as well to her AMC are 40 00:01:54,080 --> 00:01:56,640 Speaker 1: those shares more than one percent? They got a by 41 00:01:56,760 --> 00:02:00,640 Speaker 1: recommendation from Jeffries is a new recommendation and the brokers 42 00:02:00,680 --> 00:02:04,320 Speaker 1: see a compelling risk reward ratio and good earnest momentum. 43 00:02:04,440 --> 00:02:08,400 Speaker 1: So Acre it's the Packaging Solutions Group recently combined with 44 00:02:08,560 --> 00:02:11,560 Speaker 1: very global and so you know, analysts really liking that 45 00:02:11,639 --> 00:02:15,000 Speaker 1: deal there, and so Jeffrey's analysts placing their price target 46 00:02:15,040 --> 00:02:18,160 Speaker 1: at twelve dollars. Shares currently at nine to fifty eight 47 00:02:18,240 --> 00:02:21,040 Speaker 1: last night. Look, so yeah, good rating for Amcor there. 48 00:02:21,120 --> 00:02:22,840 Speaker 4: So we've been talking a lot about some of these 49 00:02:23,000 --> 00:02:25,760 Speaker 4: healthcare companies we were talking about seventeen earlier, but you're 50 00:02:25,800 --> 00:02:27,600 Speaker 4: looking at is it Molina. 51 00:02:27,600 --> 00:02:31,079 Speaker 1: Molina, Yes, that's exactly right, Nora. So that's actually the 52 00:02:31,120 --> 00:02:34,160 Speaker 1: second biggest decliner on the S and P five hundred. Again, 53 00:02:34,200 --> 00:02:37,600 Speaker 1: this is all trading off of what we're seeing with senteen. 54 00:02:37,800 --> 00:02:41,600 Speaker 1: But yeah, Molina Health, Chacker moh also seeing declines of 55 00:02:41,639 --> 00:02:44,880 Speaker 1: nearly twenty percent at the moment, so one of the 56 00:02:44,919 --> 00:02:48,600 Speaker 1: biggest kind of losers in that news flow. And you 57 00:02:48,600 --> 00:02:51,800 Speaker 1: know that momentum for those shares haven't been good. In 58 00:02:51,840 --> 00:02:54,800 Speaker 1: the past five days, They've been down eleven percent. They 59 00:02:54,880 --> 00:02:58,519 Speaker 1: fallen twelve percent in the past thirty trading days. Trading 60 00:02:58,600 --> 00:03:02,440 Speaker 1: volume also above average in terms of the twenty day timeframe, 61 00:03:02,520 --> 00:03:06,560 Speaker 1: so that's sixteen percent above average over the last twenty days. 62 00:03:06,680 --> 00:03:10,119 Speaker 1: They're also training eleven times their estimated earnings per share 63 00:03:10,120 --> 00:03:12,320 Speaker 1: for the coming year, which is probably why it's partly 64 00:03:12,360 --> 00:03:14,720 Speaker 1: where investors kind of a zeroing in on Molina as 65 00:03:14,720 --> 00:03:19,960 Speaker 1: one of the kind of biggest sideswiped stocks today in 66 00:03:20,080 --> 00:03:22,000 Speaker 1: light of the news from Scenting. 67 00:03:23,240 --> 00:03:27,360 Speaker 2: The Stock Movers podcast from Bloomberg Radio, check back with 68 00:03:27,440 --> 00:03:30,200 Speaker 2: us throughout the day for the latest roundup of companies 69 00:03:30,240 --> 00:03:33,280 Speaker 2: making news on Wall Street and for the latest market 70 00:03:33,320 --> 00:03:37,680 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 71 00:03:37,720 --> 00:03:40,960 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 72 00:03:41,040 --> 00:03:42,520 Speaker 2: the Bloomberg Business app.