1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The Stock Movers Report, 2 00:00:10,240 --> 00:00:13,360 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:17,400 Speaker 1: harnessing the power of Bloomberg Data. Let's take a look 4 00:00:17,440 --> 00:00:19,040 Speaker 1: at some of the stocks on the moves today. We 5 00:00:19,079 --> 00:00:22,520 Speaker 1: can do that with Bloomberg Television's markets correspondent nor Me 6 00:00:22,560 --> 00:00:23,640 Speaker 1: Linda no Abody looking at it. 7 00:00:23,800 --> 00:00:27,479 Speaker 2: Let's take a look at shares of Dexcom tick our DXCM. 8 00:00:27,560 --> 00:00:30,200 Speaker 2: We know this is the medical device maker, pretty popular 9 00:00:30,200 --> 00:00:32,360 Speaker 2: at least for those who have diabetes that tends to 10 00:00:32,600 --> 00:00:35,520 Speaker 2: They have a lot of devices that monitor glucose levels 11 00:00:35,560 --> 00:00:37,800 Speaker 2: for those with diabetes. We're seeing shares of the stock 12 00:00:38,360 --> 00:00:41,720 Speaker 2: up more than eight point three percent right now earlier, 13 00:00:41,800 --> 00:00:44,520 Speaker 2: hitting its biggest gain since June. Now, this is after 14 00:00:45,080 --> 00:00:48,159 Speaker 2: the company met its fourth quarter met the average analyst 15 00:00:48,320 --> 00:00:51,040 Speaker 2: estimate in terms of revenue. William Blair. Analysts are also 16 00:00:51,080 --> 00:00:52,680 Speaker 2: calling out the fact that they think that the company 17 00:00:52,760 --> 00:00:56,840 Speaker 2: has a favorable setup for a twenty percent plus EPs 18 00:00:56,920 --> 00:01:00,160 Speaker 2: growth with potential upside. So you're clearly seeing this as 19 00:01:00,160 --> 00:01:03,320 Speaker 2: a tailwind to the company today. Shares of the company 20 00:01:03,400 --> 00:01:05,880 Speaker 2: up about six point four percent so far this year. 21 00:01:06,080 --> 00:01:09,000 Speaker 2: All right, one of the companies that reported earnings yesterday 22 00:01:09,120 --> 00:01:12,040 Speaker 2: is on your radar, yes, and it is really deep 23 00:01:12,080 --> 00:01:15,160 Speaker 2: in the red. We're looking at DraftKings take our DKNG 24 00:01:15,840 --> 00:01:18,160 Speaker 2: shares are falling as much as sixteen percent today. That 25 00:01:18,240 --> 00:01:21,520 Speaker 2: is the worst intra day dropped since twenty twenty two. Now, 26 00:01:21,520 --> 00:01:24,440 Speaker 2: this is after the sports betting company's revenue forecast for 27 00:01:24,600 --> 00:01:28,080 Speaker 2: the year missed the average analyst estimate. I mean Flutter Entertainment, 28 00:01:28,120 --> 00:01:31,280 Speaker 2: which owns Fandel is also falling in sympathy, so we 29 00:01:31,319 --> 00:01:34,160 Speaker 2: didn't see shares of that also tumbling off of the news. 30 00:01:34,240 --> 00:01:36,920 Speaker 2: But really interesting, as we're really seeing this stock has 31 00:01:36,959 --> 00:01:38,960 Speaker 2: really had a tough start to twenty twenty six. If 32 00:01:39,000 --> 00:01:40,320 Speaker 2: we take a look at the action that we've been 33 00:01:40,360 --> 00:01:42,640 Speaker 2: seeing since the start of the year, we're seeing that 34 00:01:42,680 --> 00:01:45,440 Speaker 2: this stock is down about thirty seven percent so far 35 00:01:45,480 --> 00:01:49,080 Speaker 2: this year. All right, one more lastly, looking at Pinterest. 36 00:01:49,160 --> 00:01:53,200 Speaker 2: Of course pi ns not a pretty day for them either, 37 00:01:53,400 --> 00:01:55,680 Speaker 2: stock falling as much as twenty five percent. That's the 38 00:01:55,720 --> 00:01:58,600 Speaker 2: worst in almost four years. We of course know that 39 00:01:58,640 --> 00:02:01,840 Speaker 2: the company projected sales for the current quarter that missed 40 00:02:01,880 --> 00:02:04,960 Speaker 2: the average analyst estimate. It's reported first quarter revenue. It's 41 00:02:05,000 --> 00:02:07,600 Speaker 2: expected to be nine hundred and fifty one million dollars 42 00:02:07,640 --> 00:02:10,280 Speaker 2: to nine hundred and seventy one million dollars. That is 43 00:02:10,360 --> 00:02:12,840 Speaker 2: lower than the average analyst estimate of nine hundred and 44 00:02:12,880 --> 00:02:15,800 Speaker 2: eighty one million dollars. And we also know that, of course, 45 00:02:15,800 --> 00:02:18,000 Speaker 2: they did have the layoffs just back in January, and 46 00:02:18,000 --> 00:02:21,919 Speaker 2: they're really making this pivot, a shift toward artificial intelligence. 47 00:02:21,919 --> 00:02:23,560 Speaker 2: So I want to see how that works out for them, 48 00:02:23,840 --> 00:02:26,200 Speaker 2: but also a stock that's really suffering this year. Stock 49 00:02:26,320 --> 00:02:29,320 Speaker 2: is down forty four percent and twenty twenty six and 50 00:02:29,720 --> 00:02:30,720 Speaker 2: it's smid February. 51 00:02:31,880 --> 00:02:35,880 Speaker 1: The Stock Movers Report from Bloomberg Radio. Check back with 52 00:02:35,960 --> 00:02:38,560 Speaker 1: us throughout the day for the latest roundup of companies 53 00:02:38,639 --> 00:02:41,720 Speaker 1: making news on Wall Street and for the latest market 54 00:02:41,760 --> 00:02:46,240 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 55 00:02:46,320 --> 00:02:49,800 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 56 00:02:49,880 --> 00:02:51,360 Speaker 1: the Bloomberg Business app.