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Speaker 1: Bloomberg Audio Studios, Podcasts, radio News, The.

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Speaker 2: Stock Movers Report, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: Let's take a look at some of the stocks on

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Speaker 3: the move today and Paul Swingian alongside Christina Kino, and

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Speaker 3: we're joined by bloom Work Equities reporter Natali Knevich.

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Speaker 1: Natalie, what are you looking at today?

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Speaker 4: Let's start with Nike. The tickers and key E shares

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Speaker 4: are up by almost five percent after the filing showed

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Speaker 4: that Apple CEO Tim Cook bought almost three million dollars

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Speaker 4: worth of shares on December twenty second. Tim Cook, he

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Speaker 4: is Nike's lead independent director, so he made this move

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Speaker 4: actually the next day after the stock tumbled by ten

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Speaker 4: point five percent on disappointing EARNIX report. So Nike shares

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Speaker 4: have been under pressure. The latest NIX release showed that

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Speaker 4: sales in China are really, you know, under pressure. They

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Speaker 4: were down by seventeen percent last quarter, and also the

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Speaker 4: company expects decline in sales this quarter. So again shares

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Speaker 4: are down by twenty percent this year. But for Tim Cook,

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Speaker 4: that was a buying opportunity.

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Speaker 1: Yeah, jeez, makes me wonder what does Tim cooksying and

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Speaker 1: Nike that the rest of us are missing out on.

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Speaker 3: It's interesting we're talking about brand loyalty. Like, you know,

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Speaker 3: I thought I had brand loyalty, but then I started

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Speaker 3: trading down to all these store brands, you know, governing

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Speaker 3: food shopping and everything.

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Speaker 1: I still have loyalties to Nike. I still buy Nike

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Speaker 1: every time.

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Speaker 4: Same. I'm were a Nike actually.

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Speaker 1: But I see the kids that got brands I don't

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Speaker 1: know of. Hoka. Yeah, there's a lot more. There's a

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Speaker 1: lot more variety. Ou Yeah, right now, all right, I

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Speaker 1: see what's going on there. All right, Cost go Costco.

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Speaker 4: The tickets cost shares are up by two percent today.

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Speaker 4: It came after an upgrade from an analyst from North

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Speaker 4: Coast Research. Now. He upgraded the stock to buy from neutral. Now.

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Speaker 4: He said, that says the price targ for twelve months

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Speaker 4: at eleven hundred dollars. Now it's training at almost eight

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Speaker 4: hundred and eighty dollars, So it's a pretty big move.

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Speaker 4: It implies almost a thirty percent gain from the last price,

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Speaker 4: so we know that the stock is actually also struggle

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Speaker 4: and it is done by almost nine percent on a

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Speaker 4: year today basis, but the latest earnings report was not

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Speaker 4: that bad. The company says that a price sensitive customers

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Speaker 4: continue to search for value, and they also see some

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Speaker 4: gains across new brands and collaborations with Gap all the

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Speaker 4: beauty and new products such as Dubai chocolate.

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Speaker 1: All right, So when I was director of research, here's

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Speaker 1: a rule.

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Speaker 3: I had no rating change changes on these types of days,

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Speaker 3: these Christmas Eve, you know, day after Thanksgiving, whether nobody's

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Speaker 3: in the market. It's volatile because you're going to because

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Speaker 3: you can rip the stock one way or the other,

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Speaker 3: like you ripping Costco here.

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Speaker 1: It's up eighteen points. That's not kosher.

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Speaker 3: You don't know anyway, interesting one unless want to make

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Speaker 3: a name for yourself and your spends.

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Speaker 2: Interesting stock mover's report from the Radio Yes with us

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Speaker 2: throughout today for the latest round.

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Speaker 1: App companies making start up by.

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Speaker 2: The latest market moving headlines the Bloomberg Radio from catch

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Speaker 2: us on YouTube, Bloomberg dot com and on the Apple

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Speaker 2: car Play and with the Bloomberg.

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Speaker 4: Business fifteen fifty dollars per share in cash.

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Speaker 2: We know that.

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Speaker 4: So OFFI agreed to buy Dynavags for about two point

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Speaker 4: two billion dollars and this deal will allow it to

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Speaker 4: get more access to different vaccines including hepatitis B vaccine

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Speaker 4: and potentially it can also improve its profile across global

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Speaker 4: vaccine distribution