WEBVTT - Moderna Falls, Synopsys Gains, Barrick Mining Rises on IPO News

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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 2>Just us look at some of the stocks on the

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<v Speaker 2>move today. We're joined by Bloomberg's Normal Linda Nor.

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<v Speaker 3>What are you looking at?

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<v Speaker 1>Well, let's take a.

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<v Speaker 3>Look at what's going on with the vaccine space. I've

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<v Speaker 3>got my eyes on a lot of the vaccine stocks.

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<v Speaker 3>That's Maderna, Pfizer, Biointech, Novavax. All of these stocks are

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<v Speaker 3>lower right now. This is after William Blair flag reports

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<v Speaker 3>of a memo that came from the top FDA official

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<v Speaker 3>Vene prosad. It said that links to COVID nineteen vaccines

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<v Speaker 3>in younger people are being linked to debts associated with

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<v Speaker 3>mico carditis, which is actually something I had to look up.

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<v Speaker 3>It's inflammation of the heart muscle. It can cause chest pain, fatigue,

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<v Speaker 3>and shortness of breath. So of course you're going to

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<v Speaker 3>see a lot of the stocks that are related to this.

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<v Speaker 3>Vaccine makers really seeing a strong pullback right now.

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<v Speaker 1>There's a big AI deal today. What are you watching?

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<v Speaker 3>Yeah, we're looking and Nvidia always in focus at this point.

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<v Speaker 3>But of course, this is a deal that we're seeing

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<v Speaker 3>between Nvidia and Synopsis. Synopsis is a company that provides

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<v Speaker 3>electronic design automation solutions to the global electronics market. And

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<v Speaker 3>so we're seeing shares of Synopsis up as much as

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<v Speaker 3>six point nine percent. That's the best day that we've

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<v Speaker 3>seen for the stock since September. Here, But of course

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<v Speaker 3>this deal is really showing that Video is investing two

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<v Speaker 3>billion dollars in the company. This is really strategic partnership.

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<v Speaker 3>They're saying that it should hope to revolutionize engineering and design.

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<v Speaker 3>I mean, I feel like we've just been seeing deal

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<v Speaker 3>after deal, so much money flowing through all of these

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<v Speaker 3>AI na Here.

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<v Speaker 1>Is how nother we monetize because we hear these deal announcements.

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<v Speaker 1>There aren't often clear timelines or spending plans, right.

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<v Speaker 2>But the numbers are just huge. Exactly, that's no big deal.

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<v Speaker 1>I just casually at this point I can change at

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<v Speaker 1>this point for these AI companies.

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<v Speaker 2>All right, how about the Barrack Mining.

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<v Speaker 3>Yes, so this one we've really been keeping an eye

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<v Speaker 3>on really today, This of course is ticker b This

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<v Speaker 3>is a Toronto based mining company. We're seeing it rising

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<v Speaker 3>this is after the company said it's exploring an IPO

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<v Speaker 3>of its North American gold assets. Analysts are really calling

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<v Speaker 3>out they see the potential spinoff as a positive for shares.

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<v Speaker 3>They also said that it could create a potential acquisition

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<v Speaker 3>target for Neumont, which is another company that we've really

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<v Speaker 3>been keeping an eye on in that space. So we

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<v Speaker 3>are seeing shares up for Barrick right now, up about

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<v Speaker 3>two point eight percent right now as we speak. In video,

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<v Speaker 3>shares up more than one percent.

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<v Speaker 2>The Stock Movers report from Bloomberg Radio. Check back with

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