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: This Stock Mover's 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 00:00:16,480 --> 00:00:18,560 Speaker 1: All right, I'm looking at some stocks on the move. 5 00:00:18,680 --> 00:00:21,080 Speaker 1: I'm Tim Stenoviek. Joined it by Carol Masser. Let's take 6 00:00:21,120 --> 00:00:23,720 Speaker 1: a look at some stocks on the move today. Carol, 7 00:00:23,760 --> 00:00:25,680 Speaker 1: I want to start with the big one, and that 8 00:00:25,800 --> 00:00:28,200 Speaker 1: of course is Apple. I got my eye on what's 9 00:00:28,240 --> 00:00:31,320 Speaker 1: happening with Apple, because really from the get go this morning, 10 00:00:31,400 --> 00:00:35,360 Speaker 1: shares moved lower. The President threatened and then reiterated a 11 00:00:35,440 --> 00:00:38,559 Speaker 1: little earlier on a Friday, a levy of twenty five 12 00:00:38,600 --> 00:00:41,400 Speaker 1: percent on Apple if it does not make its iPhones 13 00:00:41,440 --> 00:00:43,680 Speaker 1: in the US. It's not just Apple that has to 14 00:00:43,720 --> 00:00:47,519 Speaker 1: be concerned. It's anyone who imports a telephone into the 15 00:00:47,640 --> 00:00:50,320 Speaker 1: United States, including a company such as Samsung as well. 16 00:00:50,400 --> 00:00:52,800 Speaker 3: Apple's been under a lot of pressure. It's like seven 17 00:00:52,840 --> 00:00:55,040 Speaker 3: eight days, I think down. We haven't seen that in 18 00:00:55,040 --> 00:00:58,720 Speaker 3: a few years, such a consecutive downward trend. So interesting 19 00:00:58,800 --> 00:01:00,680 Speaker 3: to see that. I'm going to give you a gainer, folks. 20 00:01:00,720 --> 00:01:04,200 Speaker 3: This happens to be the number one gainer in the 21 00:01:04,319 --> 00:01:08,160 Speaker 3: S and p five hundred. It is also the number 22 00:01:08,160 --> 00:01:10,080 Speaker 3: one gainer in the Nasdaq one hundred. We're talking about 23 00:01:10,120 --> 00:01:14,320 Speaker 3: into it tickers. I in Tu, the tax preparation software company, 24 00:01:14,600 --> 00:01:17,840 Speaker 3: came out with its latest quarterly update and reported third 25 00:01:17,920 --> 00:01:21,880 Speaker 3: quarter results that beat expectations raised its full year forecast. 26 00:01:22,200 --> 00:01:24,039 Speaker 3: So we're looking out of stock that's up about eight 27 00:01:24,040 --> 00:01:26,399 Speaker 3: point six percent. So you're looking for some opp performance 28 00:01:26,720 --> 00:01:28,479 Speaker 3: into it. It's given it to you, all right. 29 00:01:28,560 --> 00:01:31,760 Speaker 1: Another decliner for you deckers. Outdoor shares are tumbling. This 30 00:01:31,840 --> 00:01:34,600 Speaker 1: is the parent company of Hugs, of Hoka, of Tava 31 00:01:34,720 --> 00:01:35,400 Speaker 1: and more. 32 00:01:35,600 --> 00:01:38,840 Speaker 3: Wear them all, don't you just you have I don't 33 00:01:38,880 --> 00:01:39,360 Speaker 3: have ugs. 34 00:01:39,400 --> 00:01:41,000 Speaker 1: You don't have ugs. I don't have ugs. I could 35 00:01:41,000 --> 00:01:42,479 Speaker 1: do not have a UGS When I was a kid. 36 00:01:42,560 --> 00:01:45,440 Speaker 1: Big in Southern California. This is a company that's actually 37 00:01:45,440 --> 00:01:47,840 Speaker 1: based in the Santa Barbara area. It's in Galita, California. 38 00:01:47,920 --> 00:01:52,440 Speaker 3: The first time I saw Uggs, it was Goldie Hans's daughter. 39 00:01:52,560 --> 00:01:54,760 Speaker 3: Why can't I think of her name? This is Come on, guys, 40 00:01:54,840 --> 00:01:55,160 Speaker 3: help me. 41 00:01:55,240 --> 00:01:58,600 Speaker 1: I have no idea. But that said Big with surfers 42 00:01:58,640 --> 00:02:02,240 Speaker 1: in the nineties and Southern California shares fell as much 43 00:02:02,240 --> 00:02:04,640 Speaker 1: as twenty four percent earlier in the session, now down 44 00:02:04,680 --> 00:02:08,000 Speaker 1: about nineteen point four percent, It's the most intradate going 45 00:02:08,000 --> 00:02:10,880 Speaker 1: back to March of twenty twenty. The company provided a 46 00:02:10,919 --> 00:02:14,760 Speaker 1: disappointing fiscal first quarter forecast. They declined to provide full 47 00:02:14,760 --> 00:02:17,120 Speaker 1: your guidance due to the current macro uncertainty out there 48 00:02:17,160 --> 00:02:19,400 Speaker 1: once again, shares out about nineteen point four percent. 49 00:02:19,520 --> 00:02:21,679 Speaker 3: She was wearing ugs. I think it was in Style magazine, 50 00:02:21,680 --> 00:02:23,000 Speaker 3: and it was like the first time, and then all 51 00:02:23,000 --> 00:02:25,040 Speaker 3: of a sudden, it was like a wave. 52 00:02:25,320 --> 00:02:27,120 Speaker 1: You never forgot to ski, you never free at the 53 00:02:27,120 --> 00:02:28,839 Speaker 1: first time you see uggs. I guess. 54 00:02:30,440 --> 00:02:34,480 Speaker 2: The stock movers report from Bloomberg Radio. Check back with 55 00:02:34,560 --> 00:02:37,119 Speaker 2: us throughout the day for the latest roundup of companies 56 00:02:37,200 --> 00:02:40,280 Speaker 2: making news on Wall Street and for the latest market 57 00:02:40,320 --> 00:02:44,760 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 58 00:02:44,880 --> 00:02:48,400 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 59 00:02:48,440 --> 00:02:49,959 Speaker 2: the Bloomberg Business app.