1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:17,040 --> 00:00:19,360 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:20,000 --> 00:00:22,680 Speaker 1: I'm Tim Staneveek along with Carol Masser. We're joined by 6 00:00:22,720 --> 00:00:26,639 Speaker 1: Bloomberg News equities reporter Carmen Rhinicky. I like that you 7 00:00:26,680 --> 00:00:28,040 Speaker 1: bring us so many stocks. 8 00:00:27,800 --> 00:00:30,200 Speaker 3: Carmen, That's just what I'm watching all day. I've got 9 00:00:30,240 --> 00:00:31,360 Speaker 3: a lot to say about them. 10 00:00:31,480 --> 00:00:34,200 Speaker 1: Okay, let's start with ticker w ST. 11 00:00:34,520 --> 00:00:36,720 Speaker 3: Yeah, WST. This is one I was actually not super 12 00:00:36,760 --> 00:00:40,800 Speaker 3: familiar with. It's West Pharmaceutical Services. It was up twenty 13 00:00:40,800 --> 00:00:42,839 Speaker 3: three percent today. This is a record jump of the 14 00:00:42,880 --> 00:00:46,760 Speaker 3: most since nineteen eighty. Huge jump after earnings. Basically it's 15 00:00:46,760 --> 00:00:50,559 Speaker 3: earnings came in better than expected. But impart this is 16 00:00:50,600 --> 00:00:52,520 Speaker 3: what I thought was the most interesting, in part because 17 00:00:52,560 --> 00:00:55,200 Speaker 3: it's getting a boost from GLP. Once you'l you one demand. 18 00:00:55,200 --> 00:00:58,360 Speaker 3: I believe it makes packaging in syringes. Actually, so that 19 00:00:58,480 --> 00:01:00,840 Speaker 3: was really interesting. It seemed to like the analyst thought 20 00:01:00,960 --> 00:01:04,000 Speaker 3: that this quarter really showed that they can, you know, 21 00:01:04,080 --> 00:01:06,720 Speaker 3: do better in the second half of the year, had 22 00:01:06,720 --> 00:01:09,440 Speaker 3: a big boost to their nut sales. Outlook, So that 23 00:01:09,520 --> 00:01:11,240 Speaker 3: was the best performer on the SMP today. 24 00:01:11,319 --> 00:01:13,560 Speaker 4: Yeah, it's definitely not something we talk about too. It 25 00:01:13,560 --> 00:01:15,360 Speaker 4: popped up on my kind of gainer's list that I 26 00:01:15,400 --> 00:01:17,560 Speaker 4: was keeping an eye on. So was it the number 27 00:01:17,560 --> 00:01:19,039 Speaker 4: one gainer or Yeah, that's. 28 00:01:18,959 --> 00:01:20,440 Speaker 3: What I that's what I saw on my list. And 29 00:01:20,480 --> 00:01:23,520 Speaker 3: I it's a stock I've never heard of or don't 30 00:01:23,520 --> 00:01:25,959 Speaker 3: really know very well. You always have to look into it, all. 31 00:01:25,920 --> 00:01:28,840 Speaker 4: Right, something that we know a lot about, and that 32 00:01:29,000 --> 00:01:31,920 Speaker 4: is Sticker CMG. It's Chipotle, Yeah, Chipotle. 33 00:01:32,040 --> 00:01:34,360 Speaker 3: So this, I mean, we talked about it in post 34 00:01:34,520 --> 00:01:39,400 Speaker 3: last night. It actually ended up being the worst day 35 00:01:39,440 --> 00:01:43,360 Speaker 3: for the stock since twenty seventeen, so a big cash plump. 36 00:01:43,400 --> 00:01:47,240 Speaker 3: It was down thirteen percent today. Yeah, it's you know, 37 00:01:47,280 --> 00:01:49,800 Speaker 3: it's annual outlook. They cut it for the second time 38 00:01:49,840 --> 00:01:52,080 Speaker 3: this year. They said that they just don't see sales 39 00:01:52,120 --> 00:01:55,640 Speaker 3: going very well. They haven't been able to offset a 40 00:01:55,680 --> 00:01:57,760 Speaker 3: sort of slump in traffic sort of no matter what 41 00:01:57,800 --> 00:02:00,560 Speaker 3: they do, and it really signals that potentially, you know, 42 00:02:00,600 --> 00:02:03,520 Speaker 3: there is some consumer pullback. You know, they're not going 43 00:02:03,560 --> 00:02:05,920 Speaker 3: out to eat maybe quite as much or so they're not, 44 00:02:06,040 --> 00:02:09,519 Speaker 3: you know, picking Chipotle, so big hit to the stock there. 45 00:02:09,600 --> 00:02:11,720 Speaker 1: I just want to remind everybody what Chipotle. What was 46 00:02:11,720 --> 00:02:14,799 Speaker 1: happening in Chipotle history back in twenty seventeen, Carol Mass 47 00:02:14,800 --> 00:02:17,239 Speaker 1: I'm going to give you one guess what happened that year? 48 00:02:17,800 --> 00:02:20,480 Speaker 4: Oh isn't that when they started having the problems the issues? 49 00:02:20,600 --> 00:02:23,079 Speaker 1: Yeah, so when you say a worst day for Chippotle 50 00:02:23,120 --> 00:02:26,520 Speaker 1: going back to twenty seventeen, it is extremely meaningful. It's 51 00:02:26,560 --> 00:02:27,320 Speaker 1: great perspective. 52 00:02:27,480 --> 00:02:29,079 Speaker 4: I got to say, I'm kind of scratching my head 53 00:02:29,120 --> 00:02:32,000 Speaker 4: over this. I mean, Chipotle isn't super super expensive, right, 54 00:02:32,040 --> 00:02:34,959 Speaker 4: It's they kind of have been credited with creating fast casual, 55 00:02:35,360 --> 00:02:38,320 Speaker 4: But I find it interesting that if they're seeing consumers 56 00:02:38,360 --> 00:02:42,440 Speaker 4: cut back, feels like that's pretty significant. Yeah. 57 00:02:42,520 --> 00:02:43,480 Speaker 1: Yeah, I think so too. 58 00:02:43,639 --> 00:02:44,080 Speaker 4: I don't know. 59 00:02:45,560 --> 00:02:49,200 Speaker 1: I want to also could have been the neurovirus was 60 00:02:49,240 --> 00:02:51,040 Speaker 1: the issue too. Back then. There were a couple of 61 00:02:51,040 --> 00:02:53,079 Speaker 1: different issues, so I don't want to conflate them, but 62 00:02:53,520 --> 00:02:53,760 Speaker 1: it was. 63 00:02:53,760 --> 00:02:56,760 Speaker 4: The beginning of a really rough period for this company, 64 00:02:56,760 --> 00:02:57,720 Speaker 4: a really rough period. 65 00:02:57,760 --> 00:02:58,000 Speaker 2: Yeah. 66 00:02:58,040 --> 00:03:02,080 Speaker 1: There was twenty fifteen outbreak Coali, twenty sixteen outbreak of 67 00:03:02,080 --> 00:03:04,080 Speaker 1: a Coali and the's some neurovirus so too. 68 00:03:04,280 --> 00:03:05,840 Speaker 4: Yeah. So it just kind of was like one thing 69 00:03:05,840 --> 00:03:08,680 Speaker 4: after another. We digress because we're kind of obsessed with 70 00:03:08,720 --> 00:03:12,000 Speaker 4: this company and we like to talk about it luv. Yeah. 71 00:03:12,080 --> 00:03:15,720 Speaker 3: So Southwest Airlines also another earnings mover. We have a 72 00:03:15,720 --> 00:03:18,040 Speaker 3: few earnings mover, but this one I thought was interesting. 73 00:03:18,240 --> 00:03:21,160 Speaker 3: So it was down eleven percent today. This is only 74 00:03:21,160 --> 00:03:24,200 Speaker 3: the worst drop since twenty twenty four, so about a year. 75 00:03:24,880 --> 00:03:27,920 Speaker 3: It expects that it will have as much as one 76 00:03:28,000 --> 00:03:31,720 Speaker 3: billion wiped off of its annual pre tech tax profit 77 00:03:31,800 --> 00:03:35,080 Speaker 3: this year, and they also reduce their outlook for the 78 00:03:35,080 --> 00:03:38,600 Speaker 3: rest of twenty twenty five. This is when they're saying, 79 00:03:38,640 --> 00:03:42,320 Speaker 3: you know, the economic backdrop is not great for airlines. 80 00:03:42,640 --> 00:03:45,200 Speaker 3: People are not traveling as much, or I think it's 81 00:03:45,200 --> 00:03:47,640 Speaker 3: mostly people are not coming to the US quite as much. 82 00:03:47,680 --> 00:03:50,920 Speaker 3: I think inter like domestic travel has been okay, but 83 00:03:51,240 --> 00:03:54,440 Speaker 3: you know that's really impacting all of the airlines and 84 00:03:54,960 --> 00:03:57,880 Speaker 3: Southwest definitely. They also, you know they're gonna start charging 85 00:03:57,920 --> 00:03:59,840 Speaker 3: for luggage. I just know there's a lot going on 86 00:03:59,880 --> 00:04:02,200 Speaker 3: with out stop. 87 00:04:02,600 --> 00:04:04,600 Speaker 4: Yeah, just write what did you say, make it free 88 00:04:04,640 --> 00:04:05,600 Speaker 4: to check, free to. 89 00:04:05,640 --> 00:04:08,880 Speaker 1: Check your back charge to carry on? Yeah, just saying, 90 00:04:09,080 --> 00:04:09,480 Speaker 1: just saying. 91 00:04:10,960 --> 00:04:15,000 Speaker 2: This stock Movers report from Bloomberg Radio. Check back with 92 00:04:15,080 --> 00:04:17,640 Speaker 2: us throughout the day for the latest roundup of companies 93 00:04:17,720 --> 00:04:20,800 Speaker 2: making news on Wall Street and for the latest market 94 00:04:20,839 --> 00:04:25,320 Speaker 2: moving headlines. 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