Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.
Speaker 2: This is the closing bell on the stock Movers report
Speaker 2: the company's making moves at the close of US trading,
Speaker 2: with Carol Masser, Tim Stenoveck, Romain Bostik, and Katie Greyfell.
Speaker 3: All right, guys, let's go to some of the individual gainers.
Speaker 3: And I'm feeling kind of smart. All right, let's start
Speaker 3: with Deckers. Definitely an outperformer in today's session. In fact,
Speaker 3: it's the number one gainer in the S and P
Speaker 3: five hundred. Isn't it a wild considering me like all these
Speaker 3: big I don't know. It's just been a funny week,
Speaker 3: and I just find it interesting that Deckers is there
Speaker 3: nineteen percent to the upside, owner of UG and Hoka
Speaker 3: footwear brands. You guys know that raise its annual earnings
Speaker 3: and sales forecast, beating the average analyst estimate. Analysta out
Speaker 3: talking about the name noted strength and the retailers direct
Speaker 3: to consumer channels across the United States. Goldman Sachs against
Speaker 3: price target to ninety two from eighty one, maintaining though
Speaker 3: it's cell rating, which is kind of interesting. But this
Speaker 3: was definitely an outperformer, and this is the one I
Speaker 3: was nervous about sand disc Check this out. Guys, up
Speaker 3: twenty five percent and it's intra day high at one
Speaker 3: point down one point two percent, So quite a swing.
Speaker 3: And at the close here we're just up shy of
Speaker 3: seven percent. What a move. Kind of dramatic.
Speaker 1: Yeah, yeah, we were talking about this on the clothes
Speaker 1: because we saw it kind of you know, was up
Speaker 1: twenty five percent, and why we were on the clothes
Speaker 1: it's you know, dipped into the red and we were
Speaker 1: just there was no news. It was just seems like
Speaker 1: it maybe it was just I don't know, maybe some
Speaker 1: profit taking, who knows.
Speaker 3: I don't know. You know. We we broke down the
Speaker 3: results right after the close. Second quarter revenue beat expectations,
Speaker 3: Raymond James upgrading the stock to outperform for market perform.
Speaker 3: I love all the analyst community, though, running to change
Speaker 3: their price targets, says Quehanna, raising it to one thousand
Speaker 3: from three hundred, Bernstein to one thousand from five to eighty,
Speaker 3: counter Fitzgerald to eight hundred from five fifty. Yeah, what's
Speaker 3: the stock doing you to date?
Speaker 1: Remain it's up And I should just also point out too,
Speaker 1: I was just taking a quick look here. I mean,
Speaker 1: this is not surprisingly the biggest most volatile swinging for
Speaker 1: that stock in its history, the biggest a one day
Speaker 1: point swing from peak to trough.
Speaker 3: How could it not be. I think it's up something
Speaker 3: like sixteen one hundred percent or something from its IPO
Speaker 3: back in February of twenty twenty five. So anyway, definitely
Speaker 3: caught our intention.
Speaker 1: Secondary offering, Thank you.
Speaker 3: All right, Secondary.
Speaker 4: Offering, there he is. There's the romain we know and love.
Speaker 3: We were so missing you.
Speaker 4: I was getting worried for.
Speaker 3: Rizon, your number two gainer in the S and P
Speaker 3: five hundred folks, let's go there, finishing up almost a
Speaker 3: twelve percent gain here, so near its best levels of
Speaker 3: the session. Holding out to those gains, company reported it's
Speaker 3: biggest gain and mobile phone subscriber since twenty nineteen. Plans
Speaker 3: to buy back as much as twenty five billion dollars
Speaker 3: in shares. Those buybacks planned over the next three years
Speaker 3: and include at least three billion in twenty twenty six.
Speaker 3: They've been working on a turnaround, and kind of the
Speaker 3: read off of all of this and this quarter is
Speaker 3: that the company's CEO that turnaround efforts are starting to
Speaker 3: bear fruit, so definitely a opperformer. All right, Tim, all yours.
Speaker 4: Okay, I actually was going to do Apple today. It
Speaker 4: was down as much as two point four percent post earnings,
Speaker 4: and then up as much as one point four percent,
Speaker 4: but it finished in the green. So honorable mention as
Speaker 4: a gainer for Apple. Yeah, that was for you, Carol.
Speaker 3: That's okay, so much, thank you for that.
Speaker 4: You're welcome. Rocket Companies down thirteen point seven percent today.
Speaker 4: Mortgage company stocks tumbled today. This after Pennymac Financial Services
Speaker 4: reported profits were significantly below Wall Street expectations. We saw
Speaker 4: other mortgage lenders, including Rocket Companies fall. UWM Holdings Corporation
Speaker 4: also fell. The company shares declined. This is, I should say,
Speaker 4: Pennymac Financial Services as much as thirty eight percent earlier
Speaker 4: in the session. Finally, let's look at a couple software
Speaker 4: and video game companies together. Already software take two interactive. Yeah,
Speaker 4: this is crazy, this is really crazy. Gaming stocks just
Speaker 4: took a hit today. This after Google's that it began
Speaker 4: rolling out Project Genie to Google AI Ultra subscribers. The
Speaker 4: prototype web app allows users to create an interact with
Speaker 4: a navigable world. Look at this Unity losing almost a
Speaker 4: quarter of its market cap in a single day as
Speaker 4: a result of this product announcement from Google. Take to
Speaker 4: Interactive down eight percent. I guess this is is this
Speaker 4: like AI hitting this industry? I don't know.
Speaker 1: Yeah, I thought the reaction was, I mean, Unity has
Speaker 1: some other issues too.
Speaker 4: Yeah, they've had issues for year.
Speaker 1: Yeah, but I agree with you, this seemed like a
Speaker 1: bit of an overaction, particularly given that you know, we
Speaker 1: don't actually know exactly how far how much an engagement
Speaker 1: Google's going to drive with us.
Speaker 4: Yeah, and these companies have tried to come out with
Speaker 4: video games in the past and it hasn't totally worked,
Speaker 4: like Apple Arcade for example. And finally, shares of Bombardier.
Speaker 4: These ADRs took a hit today, down six point six percent.
Speaker 4: This after President Trump threatened to slap a fifty percent
Speaker 4: tariff on aircraft from Canada to and decertify all new
Speaker 4: planes that are made there. Bombardier is the Canadian aerospace company.
Speaker 4: In twenty two twenty four, it got sixty four percent
Speaker 4: of its revenue from the US. Analysts, though say that
Speaker 4: the threat could be noised, they doubt the tariffs and
Speaker 4: decertification threats will be in force, but the worrying headline
Speaker 4: could make investors where a ADRs fell six point six percent.
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