Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.
Speaker 2: The Stock Mover's Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: I'm Carol Masser along with Tim Static. Let's get to
Speaker 3: some stocks on the move in the Tuesday trade. Bloomberg
Speaker 3: News equities reporter Carmen Reinikey is with us. She's actually
Speaker 3: equities reporter and also deputy team leader for US Equity,
Speaker 3: so she keeps everybody in check. Good to have you
Speaker 3: back with us. Give us a name.
Speaker 4: Yeah, So, the biggest one that I'm looking at right
Speaker 4: now and after hours is Ventix. This is ticker VTYX.
Speaker 4: So shares are up nearly sixty percent right now. There
Speaker 4: is a Wall Street Journal report that Eli Lilly is
Speaker 4: in advanced talks to acquire this biotech company for more
Speaker 4: than one billion, which is nearly double or yeah, nearly
Speaker 4: double where it was valued as of Tuesday afternoon, which
Speaker 4: is at about five hundred and fifteen million. So shares
Speaker 4: were actually halted for volatility right after we like close
Speaker 4: the market, but they're back up. This is a company
Speaker 4: that specializes in developing medication for inflammatory diseases. So things
Speaker 4: like Crohn's and rheumatoried arthritis, and it had been a
Speaker 4: little bit of a like a rumored acquisition target in
Speaker 4: the space.
Speaker 3: It's interesting to see some deal flow, right. People back
Speaker 3: from the holidays and getting back to work are putting,
Speaker 3: you know, signing something on the bot on the dotted line.
Speaker 3: Mobile Eye is another one that has been on the
Speaker 3: move today.
Speaker 4: Yep, and you know, for kind of a similar reason.
Speaker 4: So shares are up about eight point four percent right now.
Speaker 4: Sys ticker mb l Y. So the self driving car
Speaker 4: company is set to buy and is rarely a startup
Speaker 4: called Mentee Robotics. It's a cash and stock deal that
Speaker 4: will value the company at about nine hundred million, and
Speaker 4: it will be to develop humanoid robots ultimately, but in
Speaker 4: the nearer term it sounds like my Tea is also
Speaker 4: going to be helping mobili with like robots in its factory,
Speaker 4: so in the like automating making some of these cars.
Speaker 3: So it's just the year of the robot.
Speaker 1: It feels like it's only three days, well three trading days,
Speaker 1: six days into the new.
Speaker 3: Year, all right, so maybe it could be well, it's
Speaker 3: just fascinating. I don't know if you know, sixty minutes
Speaker 3: is a big thing on robots. And again they were
Speaker 3: showing what's the company up in in Massachusetts, Boston Dynamics.
Speaker 3: Yeah right, and what they're doing. Yeah, I yes, they're
Speaker 3: no see, yes, it's all about it.
Speaker 1: Help you.
Speaker 3: I'll just stare at now, I'll stare it out of
Speaker 3: a figure out.
Speaker 1: The West coast. There's Kiva, which is part of Amazon
Speaker 1: and has been for years. Yeah, there are a lot
Speaker 1: of companies working on this, but you know, again it
Speaker 1: takes time. Can they be programmed to love?
Speaker 3: That's the question that is Okay, strategy real quickly.
Speaker 4: Yeah, so strategy it's up. It's lost a little bit
Speaker 4: of its gainst up about four and a half percent
Speaker 4: right now. Ticker mstr so MSCI said that it would
Speaker 4: not implement a proposal to exclude digital asset treasury companies
Speaker 4: from its indexes. So this is a big deal. You know,
Speaker 4: they can stay in the indexes and also something that
Speaker 4: executive chairman Michael Saylor had publicly spoken out about it
Speaker 4: a month ago.
Speaker 2: The Stock Mover's report from Bloomberg Radio check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the latest market
Speaker 2: moving headlines. Listen to Bloomberg Radio Live. Catch us on YouTube,
Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with
Speaker 2: the Bloomberg Business app.