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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: This is the closing bell on the stock mover's report

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Speaker 2: the company's making moves at the close of US trading

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Speaker 2: with Carol Master, Tim Stenobeck, Romain Bostik, and Scarlet Foo.

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Speaker 3: If you dig into the s and P five hundred,

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Speaker 3: we've seen more names in the index hired today, three

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Speaker 3: hundred and seventy two names to the pside, one hundred

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Speaker 3: and thirty to the downside.

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Speaker 4: Absolutely, and that is reflected in the IMAP as well,

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Speaker 4: which looks at the SMP five hundred and as eleven

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Speaker 4: industry sectors, and you could see that the decliners here

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Speaker 4: are really pretty small slices of the market. Reads are

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Speaker 4: down about six tens of one percent. Consumer staples, a

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Speaker 4: traditional haven defensive group, down about two tons of one percent.

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Speaker 4: The outperformers here communications services up almost one point eight percent.

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Speaker 4: Energy and consumper Discretion each getting more than one percent.

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Speaker 3: All right, everybody, let's get to some of the individual gainers.

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Speaker 3: And first ticker ful we're talking abou HB Fuller.

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Speaker 5: What I said, f U L that's right, she would never.

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Speaker 3: Be all right, that's Doug Wow, up almost eleven percent

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Speaker 3: in today's session stuck up after City Maintenance neutral rating

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Speaker 3: and sixty two sixty two dollars price target for the

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Speaker 3: paints and codings maker, noting better than expected volumes and

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Speaker 3: strong engineering adhesive margins. Keep in mind that the company

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Speaker 3: last night boosted earnings per share guidance for the full

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Speaker 3: year that beat the average analyst estiment, So upbeat earnings,

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Speaker 3: upbeat commentary, and so you've got HB.

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Speaker 5: Fuller.

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Speaker 3: I'm not even going to say the ticker again is

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Speaker 3: definitely an outperformer. I'm gonna go to Circle as well

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Speaker 3: because that one continues to kind of bounce around a

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Speaker 3: little bit. But we did see some more outperformance the

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Speaker 3: stock rising in today's session, up another what seven and

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Speaker 3: a half percent in today's session. That's after falling about

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Speaker 3: twenty five percent the two days prior.

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Speaker 5: More players beginning.

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Speaker 3: To enter the stable coin in industry since the US

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Speaker 3: Senate passed stable coin legislation, so we continue to see

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Speaker 3: some interest in that one. There was also a note

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Speaker 3: our own Bloomberg Intelligence, dickchri Jarra putting out a note

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Speaker 3: and said circles post IPO surge and fresh interest from

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Speaker 3: JP Morgan, Walmart, and Amazon suggests that stable coins, blockchain

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Speaker 3: based tokens tied to traditional currencies are moving from the

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Speaker 3: fringe into the financial mainstream, and so Circle certainly stands

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Speaker 3: to benefit. And let me go to one more and Vidia,

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Speaker 3: just because you know, we saw this one again among

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Speaker 3: the largest market cap companies out there.

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Speaker 5: That was a courtesy of that four.

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Speaker 3: Percent game yesterday adding another half of percent. So I

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Speaker 3: just wanted to kind of throw that out there. And

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Speaker 3: that one has bounced quite a bit from those April lows,

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Speaker 3: and it's now up about fifteen percent this year, but

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Speaker 3: I think it's up about fifty sixty percent.

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Speaker 5: I had the number in front of me and I

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Speaker 5: had lost it.

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Speaker 1: I just added from aprilow that Carl I I had

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Speaker 1: a couple of honorable mentions. Quantum Scape up thirty four percent,

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Speaker 1: and then we were watching Core Scientific. They closed up

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Speaker 1: higher by thirty three percent on the back of that

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Speaker 1: speculation that court It might actually be interested in buying

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Speaker 1: the company.

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Speaker 6: A difficult day to find prominent decliners. I do want

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Speaker 6: to start with Micron. We reported those numbers after the

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Speaker 6: bell yesterday, down today by one percent. It was an

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Speaker 6: outlook that wasn't quite rosy enough to keep that twenty

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Speaker 6: twenty five rally going. Despite posting third quarter results and

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Speaker 6: a fourth quarter forecast that did exceed estimates, it is

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Speaker 6: still up around forty nine percent, more than forty nine

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Speaker 6: percent so far this year. The company's high band with

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Speaker 6: memory sales are surging. The company, though, did not predict

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Speaker 6: the kind of runaway growth that some investors were looking for.

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Speaker 6: So we saw the stock decline.

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Speaker 4: Today, but it's like doubled since April eighth.

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Speaker 6: Yeah, it's it's pretty remarkable. But you know, investors, they're

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Speaker 6: looking for a lot right now. And look, the gains

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Speaker 6: this year have been pretty amazing.

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Speaker 3: Well, the concern was right, we just talked about that,

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Speaker 3: we did. Yeah, but the prices and yeah, sorry I

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Speaker 3: was listening.

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Speaker 5: Sorry a little distracted today.

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Speaker 4: Wow, I was watching the SMPS seeing if it would

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Speaker 4: close the darker high the line still on it, girl,

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Speaker 4: I love.

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Speaker 5: You, okay.

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Speaker 6: Scarlett mentioned reads a spot of red in the S

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Speaker 6: and P five hundred today Equinix the worst performer in

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Speaker 6: the S and P five hundred, one eighty percentage base

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Speaker 6: face Eqix.

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Speaker 5: You guys see what I have to deal with daily.

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Speaker 5: But it's fine.

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Speaker 6: I mean, Scarlett, you kind of deal with the same thing, right,

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Speaker 6: I don't know.

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Speaker 1: Ever.

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Speaker 6: It slumped as much as fourteen percent a little earlier

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Speaker 6: in this session, but it's off its worst levels of

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Speaker 6: the day to close down nine point six percent. That

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Speaker 6: was its biggest intra day decline since March of twenty twenty.

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Speaker 6: The company's long term outlook disappoints investors. It resulted in

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Speaker 6: at least two downgrades. This news was yesterday, though the

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Speaker 6: downgrades were first provided or the targets rather were first

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Speaker 6: provided to analyst day Wednesday, resulting in a nine point

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Speaker 6: one percent drop. And finally, well, this is now a microcap.

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Speaker 6: It used to be a small cap before today. Altimmune Inc.

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Speaker 6: Down fifty three percent, a clinical stage biopharma company, shares plunged.

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Speaker 6: The company set a mid stay trial for its experimental

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Speaker 6: therapy for a fatty liver disease showed the drug was

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Speaker 6: not significantly different from a placebo when treating system when

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Speaker 6: treating fibrosis.

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Speaker 1: All right, let's take a look out where yields are.

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Speaker 1: In fact, that seeing continuing downdraft, particularly on the short

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Speaker 1: end of the curve. This is the eighth straight day

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Speaker 1: actually that we've seen the two year yield move lower

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Speaker 1: down about seven basis points on the day, and we

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Speaker 1: continue to talk about the steepening of that curve you

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Speaker 1: see that reflected in the thirty year yield, which of

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Speaker 1: course only fell about three basis points, so about half

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Speaker 1: of the move that we saw on the two year.

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Speaker 2: This stock mover's report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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