1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,520 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,440 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,640 --> 00:00:18,319 Speaker 3: Let's take a look at some stocks on the move today. 5 00:00:18,320 --> 00:00:20,959 Speaker 3: I'm Tim Steneveek along with Carol Master. We're joined by Bloomberg 6 00:00:20,960 --> 00:00:23,240 Speaker 3: News Equities reporter Avalon Prenell. 7 00:00:23,400 --> 00:00:26,639 Speaker 4: Save us, Well, I'm not sure about saving you, guys, 8 00:00:26,640 --> 00:00:29,639 Speaker 4: but I can definitely start off with Brown Foreman Sticker 9 00:00:29,760 --> 00:00:33,120 Speaker 4: VF slash B. It jumped nearly thirteen percent into the 10 00:00:33,120 --> 00:00:36,760 Speaker 4: close today for its biggest one day gain since twenty twenty, 11 00:00:37,120 --> 00:00:39,760 Speaker 4: and that's after The Wall Street Journal reported that it's 12 00:00:39,800 --> 00:00:43,839 Speaker 4: potentially open to a merging with Sazarek. That's a privately 13 00:00:43,880 --> 00:00:47,960 Speaker 4: owned alcohol spirits maker. And yeah, we've been seeing a 14 00:00:48,000 --> 00:00:51,360 Speaker 4: lot of news in this area, especially last month. Bloomberg 15 00:00:51,360 --> 00:00:55,280 Speaker 4: also reported that Prone Recard was also interested in potentially 16 00:00:55,360 --> 00:00:59,680 Speaker 4: acquiring the maker of Jack Daniels, but still unclear which 17 00:00:59,720 --> 00:01:01,000 Speaker 4: direct they're going to glean. 18 00:01:01,280 --> 00:01:03,680 Speaker 1: See actually pointed at me for Jack Daniels. 19 00:01:04,400 --> 00:01:07,119 Speaker 3: No, because I'm going back looking at let the trading 20 00:01:07,200 --> 00:01:09,160 Speaker 3: history all the way back to nineteen eighty eight, I'm sorry. 21 00:01:09,200 --> 00:01:11,880 Speaker 3: I'm sorry. You got Avalon got me thinking go ahead, 22 00:01:12,080 --> 00:01:12,959 Speaker 3: Oh I'm sorry. 23 00:01:13,120 --> 00:01:13,399 Speaker 2: Oh no. 24 00:01:13,440 --> 00:01:15,319 Speaker 4: I thought it was also interesting that TD actually had 25 00:01:15,360 --> 00:01:17,360 Speaker 4: a note saying that they would not be surprised to 26 00:01:17,360 --> 00:01:20,280 Speaker 4: see other alcohol makers throwing their hats in a ring 27 00:01:20,319 --> 00:01:20,600 Speaker 4: as well. 28 00:01:20,640 --> 00:01:21,759 Speaker 1: I was just going to say, all of a sudden, 29 00:01:21,920 --> 00:01:24,600 Speaker 1: they're getting very popular, and you really saw that stock 30 00:01:24,640 --> 00:01:25,080 Speaker 1: move higher. 31 00:01:25,160 --> 00:01:28,040 Speaker 3: Well, this company hit an all time high on New 32 00:01:28,120 --> 00:01:31,440 Speaker 3: Year's Eve twenty twenty. Kind of cool that it hit 33 00:01:31,440 --> 00:01:33,680 Speaker 3: all time highs on news of twenty twenty. 34 00:01:33,720 --> 00:01:36,080 Speaker 1: People were buying a lot of downs. Remember that was 35 00:01:36,160 --> 00:01:38,040 Speaker 1: oh yeah, not a happy time. 36 00:01:38,959 --> 00:01:44,200 Speaker 3: It's down least fifty eight percent since then. But I 37 00:01:44,200 --> 00:01:45,600 Speaker 3: also did getting beat up. 38 00:01:46,200 --> 00:01:48,600 Speaker 1: But I also think, like pandemic levels of so much 39 00:01:48,640 --> 00:01:51,840 Speaker 1: stuff was not the norm, and we own that with streaming, 40 00:01:52,040 --> 00:01:53,360 Speaker 1: like so many things have done a reset. 41 00:01:53,400 --> 00:01:56,440 Speaker 3: So but it was reset before this the most recent 42 00:01:56,560 --> 00:02:02,120 Speaker 3: interest from outside partners, it was at twenty fourteen levels. Okay, 43 00:02:02,320 --> 00:02:04,120 Speaker 3: like it was, it was. It was not only there 44 00:02:04,160 --> 00:02:06,800 Speaker 3: at that from the pandemic. It was like, you know, 45 00:02:06,880 --> 00:02:07,559 Speaker 3: go back more. 46 00:02:07,440 --> 00:02:09,639 Speaker 1: Than a decade, Like you people aren't drinking. 47 00:02:09,400 --> 00:02:14,160 Speaker 3: That's that's the Are you a drinker? No prop and 48 00:02:14,480 --> 00:02:18,000 Speaker 3: we are the problem a unfortunately live a little. 49 00:02:19,240 --> 00:02:20,040 Speaker 2: It's crazy. 50 00:02:20,360 --> 00:02:22,280 Speaker 1: I know, you know, it's real. It's real. 51 00:02:22,360 --> 00:02:24,400 Speaker 3: You go around our office and it's like, I know, 52 00:02:25,200 --> 00:02:27,240 Speaker 3: I know, And we have an alcohol guest tomorrow. What 53 00:02:27,240 --> 00:02:27,840 Speaker 3: am I going to do? 54 00:02:27,919 --> 00:02:28,840 Speaker 1: Are you serious? Yeah? 55 00:02:29,120 --> 00:02:30,200 Speaker 2: What again? Yeah? 56 00:02:30,360 --> 00:02:31,360 Speaker 1: Is going onwhere? 57 00:02:31,720 --> 00:02:32,000 Speaker 2: Okay? 58 00:02:32,000 --> 00:02:34,400 Speaker 1: It's just not okay. I got to talk to our 59 00:02:34,400 --> 00:02:37,720 Speaker 1: producer all right. Texas Specific Lands TPL. 60 00:02:38,840 --> 00:02:41,639 Speaker 4: Yes tick our tpl AT tumbled sixteen percent into the 61 00:02:41,720 --> 00:02:44,720 Speaker 4: close for its biggest one day drop also since twenty twenty. 62 00:02:45,000 --> 00:02:48,440 Speaker 4: This after the CEO of the firm's largest shareholder passed away. 63 00:02:48,760 --> 00:02:52,400 Speaker 4: Murray Stall headed up Horizon Kinetics, which owned nearly fifteen 64 00:02:52,440 --> 00:02:55,880 Speaker 4: percent of Texas Pacific Land. One investor said that Stall 65 00:02:56,000 --> 00:02:58,880 Speaker 4: was one of tpl's largest cheerleaders who very much helped 66 00:02:59,080 --> 00:03:02,079 Speaker 4: contribute to them been joining the SMP five hundred and 67 00:03:02,120 --> 00:03:04,720 Speaker 4: For those who aren't familiar, Texas Pacific owns nearly nine 68 00:03:04,800 --> 00:03:08,359 Speaker 4: hundred thousand acres in West Texas and has benefited from 69 00:03:08,560 --> 00:03:11,520 Speaker 4: higher commodity prices as you can imagine this year, but 70 00:03:11,560 --> 00:03:15,160 Speaker 4: its land is also used for bitcoin mines, renewable energy projects, 71 00:03:15,200 --> 00:03:17,560 Speaker 4: and has even fielded interest from big tech companies. 72 00:03:17,639 --> 00:03:20,119 Speaker 1: What a cool company. It's like twenty six billion dollar 73 00:03:20,160 --> 00:03:23,320 Speaker 1: market cap, up thirty one percent year to date. But 74 00:03:23,360 --> 00:03:27,239 Speaker 1: it's an E and P company like classified, but obviously 75 00:03:27,320 --> 00:03:28,880 Speaker 1: learning you to use its land for a lot of 76 00:03:28,919 --> 00:03:32,360 Speaker 1: other things. Right exactly, it's a great fine, very very cool. 77 00:03:32,760 --> 00:03:33,720 Speaker 1: Where shall we go next? 78 00:03:33,919 --> 00:03:37,000 Speaker 4: Then we can end with healthcare stock of course, Stars 79 00:03:37,120 --> 00:03:40,680 Speaker 4: Surgical that's ticker STAA climbed twenty one percent for its 80 00:03:40,680 --> 00:03:43,480 Speaker 4: biggest one day leap since last August. That's after the 81 00:03:43,520 --> 00:03:46,600 Speaker 4: healthcare supplies Companies said that it expects net sales for 82 00:03:46,600 --> 00:03:49,040 Speaker 4: the first quarter to exceed ninety million dollars, which is 83 00:03:49,440 --> 00:03:52,080 Speaker 4: much better than expected at least on the cell side, 84 00:03:52,280 --> 00:03:54,800 Speaker 4: and Jeffrey's called the result a very positive step in 85 00:03:54,840 --> 00:03:55,480 Speaker 4: the right direction. 86 00:03:55,840 --> 00:03:58,360 Speaker 1: Always good, right, like to see that. Yeah, the stock's 87 00:03:58,440 --> 00:04:01,400 Speaker 1: up about nine percent year to day. The float is 88 00:04:01,400 --> 00:04:01,880 Speaker 1: short though. 89 00:04:02,320 --> 00:04:03,960 Speaker 4: Yeah. 90 00:04:04,680 --> 00:04:08,920 Speaker 2: The stockmover's report from Bloomberg Radio. 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