WEBVTT - Brown Forman Jumps, Texas Pacific Land Sinks, Staar Surgical 

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>Let's take a look at some stocks on the move today.

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<v Speaker 3>I'm Tim Steneveek along with Carol Master. We're joined by Bloomberg

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<v Speaker 3>News Equities reporter Avalon Prenell.

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<v Speaker 4>Save us, Well, I'm not sure about saving you, guys,

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<v Speaker 4>but I can definitely start off with Brown Foreman Sticker

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<v Speaker 4>VF slash B. It jumped nearly thirteen percent into the

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<v Speaker 4>close today for its biggest one day gain since twenty twenty,

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<v Speaker 4>and that's after The Wall Street Journal reported that it's

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<v Speaker 4>potentially open to a merging with Sazarek. That's a privately

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<v Speaker 4>owned alcohol spirits maker. And yeah, we've been seeing a

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<v Speaker 4>lot of news in this area, especially last month. Bloomberg

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<v Speaker 4>also reported that Prone Recard was also interested in potentially

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<v Speaker 4>acquiring the maker of Jack Daniels, but still unclear which

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<v Speaker 4>direct they're going to glean.

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<v Speaker 1>See actually pointed at me for Jack Daniels.

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<v Speaker 3>No, because I'm going back looking at let the trading

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<v Speaker 3>history all the way back to nineteen eighty eight, I'm sorry.

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<v Speaker 3>I'm sorry. You got Avalon got me thinking go ahead,

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<v Speaker 3>Oh I'm sorry.

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<v Speaker 2>Oh no.

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<v Speaker 4>I thought it was also interesting that TD actually had

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<v Speaker 4>a note saying that they would not be surprised to

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<v Speaker 4>see other alcohol makers throwing their hats in a ring

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<v Speaker 4>as well.

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<v Speaker 1>I was just going to say, all of a sudden,

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<v Speaker 1>they're getting very popular, and you really saw that stock

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<v Speaker 1>move higher.

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<v Speaker 3>Well, this company hit an all time high on New

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<v Speaker 3>Year's Eve twenty twenty. Kind of cool that it hit

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<v Speaker 3>all time highs on news of twenty twenty.

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<v Speaker 1>People were buying a lot of downs. Remember that was

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<v Speaker 1>oh yeah, not a happy time.

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<v Speaker 3>It's down least fifty eight percent since then. But I

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<v Speaker 3>also did getting beat up.

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<v Speaker 1>But I also think, like pandemic levels of so much

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<v Speaker 1>stuff was not the norm, and we own that with streaming,

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<v Speaker 1>like so many things have done a reset.

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<v Speaker 3>So but it was reset before this the most recent

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<v Speaker 3>interest from outside partners, it was at twenty fourteen levels. Okay,

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<v Speaker 3>like it was, it was. It was not only there

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<v Speaker 3>at that from the pandemic. It was like, you know,

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<v Speaker 3>go back more.

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<v Speaker 1>Than a decade, Like you people aren't drinking.

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<v Speaker 3>That's that's the Are you a drinker? No prop and

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<v Speaker 3>we are the problem a unfortunately live a little.

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<v Speaker 2>It's crazy.

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<v Speaker 1>I know, you know, it's real. It's real.

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<v Speaker 3>You go around our office and it's like, I know,

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<v Speaker 3>I know, And we have an alcohol guest tomorrow. What

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<v Speaker 3>am I going to do?

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<v Speaker 1>Are you serious? Yeah?

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<v Speaker 2>What again? Yeah?

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<v Speaker 1>Is going onwhere?

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<v Speaker 2>Okay?

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<v Speaker 1>It's just not okay. I got to talk to our

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<v Speaker 1>producer all right. Texas Specific Lands TPL.

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<v Speaker 4>Yes tick our tpl AT tumbled sixteen percent into the

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<v Speaker 4>close for its biggest one day drop also since twenty twenty.

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<v Speaker 4>This after the CEO of the firm's largest shareholder passed away.

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<v Speaker 4>Murray Stall headed up Horizon Kinetics, which owned nearly fifteen

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<v Speaker 4>percent of Texas Pacific Land. One investor said that Stall

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<v Speaker 4>was one of tpl's largest cheerleaders who very much helped

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<v Speaker 4>contribute to them been joining the SMP five hundred and

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<v Speaker 4>For those who aren't familiar, Texas Pacific owns nearly nine

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<v Speaker 4>hundred thousand acres in West Texas and has benefited from

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<v Speaker 4>higher commodity prices as you can imagine this year, but

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<v Speaker 4>its land is also used for bitcoin mines, renewable energy projects,

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<v Speaker 4>and has even fielded interest from big tech companies.

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<v Speaker 1>What a cool company. It's like twenty six billion dollar

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<v Speaker 1>market cap, up thirty one percent year to date. But

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<v Speaker 1>it's an E and P company like classified, but obviously

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<v Speaker 1>learning you to use its land for a lot of

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<v Speaker 1>other things. Right exactly, it's a great fine, very very cool.

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<v Speaker 1>Where shall we go next?

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<v Speaker 4>Then we can end with healthcare stock of course, Stars

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<v Speaker 4>Surgical that's ticker STAA climbed twenty one percent for its

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<v Speaker 4>biggest one day leap since last August. That's after the

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<v Speaker 4>healthcare supplies Companies said that it expects net sales for

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<v Speaker 4>the first quarter to exceed ninety million dollars, which is

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<v Speaker 4>much better than expected at least on the cell side,

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<v Speaker 4>and Jeffrey's called the result a very positive step in

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<v Speaker 4>the right direction.

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<v Speaker 1>Always good, right, like to see that. Yeah, the stock's

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<v Speaker 1>up about nine percent year to day. The float is

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<v Speaker 1>short though.

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<v Speaker 4>Yeah.

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<v Speaker 2>The stockmover's report from Bloomberg Radio. Check back with us

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<v Speaker 2>throughout the day for the latest roundup of companies making

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<v Speaker 2>news on Wall Street and for the latest market moving headlines.

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