Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 1: I'm Tim Stenebeck along with Emily Graffeo. Let's take a
Speaker 1: look at some stocks on the move today. We are
Speaker 1: joined by Bloomberg News equity supporter Apalon Parnell, who has
Speaker 1: a lot of a big background in biotech innovation.
Speaker 3: How are you Yeah, very good. I mean, we can
Speaker 3: also start off.
Speaker 1: With that wherever you want.
Speaker 4: Let's start up a revolution medicine. Let's tick her RVMD.
Speaker 4: A lot of great news out of there, rising three
Speaker 4: point nine percent to hit a record high at the close,
Speaker 4: and that's after releasing some really great results for its
Speaker 4: pancreatic cancer drug. Don't want to say too much, but
Speaker 4: essentially Bloomberg Intelligence is writing that the results mean that
Speaker 4: they could open up nearly a five billion dollar market
Speaker 4: to help out patients in that area.
Speaker 1: Yeah. We spoke with Rod wang Or at RTW Investments
Speaker 1: and he was at this conference today when this data
Speaker 1: wasn't were unveiled. He said there was a standing ovation
Speaker 1: in the crowd before the presentation was even over, and
Speaker 1: he said that there's a chance that within what the
Speaker 1: next five years, he thinks that the life expectancy will
Speaker 1: be doubled again. But it starts from such a low point,
Speaker 1: I mean six seven months to thirteen months at this point.
Speaker 1: But he did say maybe within our lifetimes we'll see
Speaker 1: an actual cure for it. He said, a non zero
Speaker 1: chance exactly.
Speaker 3: It would be really awesome.
Speaker 4: Plus, I mean it's a pill as opposed to having
Speaker 4: to go into a center to get an actual drip,
Speaker 4: which is also a game changer for a lot of families.
Speaker 3: Well, there's another stock on the move in the after hours.
Speaker 4: HPE Yes, HP Enterprise, currently surging thirty six percent in
Speaker 4: after hours trading. That's after the tech company reported really
Speaker 4: great results and also had full year profit outlook that
Speaker 4: topped expectations. Worth noting that the bar was really high
Speaker 4: coming into the print, especially since Dell.
Speaker 3: Had really great results last week.
Speaker 4: But I mean, AI growth and demand, the usual things
Speaker 4: very much at play here the wars.
Speaker 3: Yeah, that's stock absolutely on fire right now.
Speaker 1: Yeah, more than thirty after hours, and it's doubled, it
Speaker 1: almost doubled going into this year.
Speaker 3: That's right.
Speaker 1: Yeah, I'm sorry it's almost doubled this year. Going into
Speaker 1: this print, I.
Speaker 3: Want to make a segue to casinos, but I we'll
Speaker 3: we'll just go right to you because that's your next time.
Speaker 1: Some people, Yeah, I don't.
Speaker 3: Know MGM Resort. Yes, MGM Resorts.
Speaker 4: That ticker MGM opened or finished the day up sixteen
Speaker 4: percent to end at its highest level since twenty twenty three.
Speaker 4: And that's after people proposed to buy the remaining shares.
Speaker 4: That's Barry Diller's company. And yeah, what's also really interesting
Speaker 4: is this is happening a week after their rival, Caesars
Speaker 4: was also taken private. Barclay's writing in the note that
Speaker 4: they view this price as generally fair given also what
Speaker 4: they saw from Caesar's deal last week.
Speaker 2: The Stockmover's Report from Bloomberg Radio. Check back with us
Speaker 2: throughout the day for the latest roundup of companies making
Speaker 2: news on Wall Street and for the latest market moving headlines.
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