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Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.

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Speaker 2: The Stock Movers report, your roundup of companies making moves

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

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Speaker 1: I'm Carol Masser along with Tim Stenevek. Let's get a

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Speaker 1: check on some stocks on the move today. We're joined

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Speaker 1: by Bloomberg News crosss At reporter Emily Graffeo in studio ACTA

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Speaker 1: out with earnings.

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Speaker 3: Yeah, the stock is really getting punished in the after hours.

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Speaker 3: It's down about eleven percent. They reported earnings after the close,

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Speaker 3: so we'll see if the losses hold into tomorrow's trade.

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Speaker 3: Because they honestly beat on a lot of metrics, but

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Speaker 3: it seems like investors are focused on this second quarter

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Speaker 3: forecast for current remaining performance obligation. They are forecasting two

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Speaker 3: point two billion to two point two one billion. That

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Speaker 3: was versus estimates of two point two to three billion.

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Speaker 3: I don't know, it's kind of slight hairs, Carol. They

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Speaker 3: actually beat on a number of other metrics for their

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Speaker 3: forecast in the current quarter, but investors are I guess

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Speaker 3: the bar was really high for this.

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Speaker 1: It was stock's up sixty percent. You're to date, right.

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Speaker 4: My mouth is a Gabe Veil Resorts. Oh, some major news. Yes,

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Speaker 4: I thought this was a mistake in the terminal because

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Speaker 4: it says Robcats is chairman and CEO of the company.

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Speaker 3: Now, yes, so they reappointed Robcats as CEO, succeeding Kirsten Lynch,

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Speaker 3: who has stepped down from the role. The stock is

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Speaker 3: up eleven percent in extended trading, which is never a

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Speaker 3: good thing when like the old CEO. It's got to

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Speaker 3: feel bad if you're that CEO. But this stock has

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Speaker 3: really been plagued by a lot of trouble.

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Speaker 4: This is the guy who he used to run it, right,

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Speaker 4: he used to run it. He was there for more

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Speaker 4: than a dozen years, and he stepped you and I've

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Speaker 4: interviewed him several times. Okay, he stepped away from the role.

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Speaker 4: He retireed, I mean I thought he was retiring. Yeah,

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Speaker 4: he's the guy who created the epic pass. He has

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Speaker 4: probably done more to change the way that people pay

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Speaker 4: for skiing in the US than anybody else. That was

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Speaker 4: more than a decade ago when he did that, and

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Speaker 4: he created this sort of arms race and some consolidation

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Speaker 4: within the industry. And I guess he's coming back, which

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Speaker 4: is I mean, he did a lot. He moved the

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Speaker 4: company's headquarters from Vail to Broomfield, Colorado. He bought mountains

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Speaker 4: all over the country and created partnerships all over the

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Speaker 4: world with mountains. I don't know what that's pretty This

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Speaker 4: is surprising to me. I thought he was done.

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Speaker 3: I thought, I mean, I guess that's sometimes what you

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Speaker 3: see companies do they bring in, you know, someone who

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Speaker 3: had worked in the past. I mean, when you look

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Speaker 3: at Veil Resorts stock, it's down nineteen percent year to date. I imagine. Actually,

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Speaker 3: if you go back a little bit further, it's down

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Speaker 3: even more. Let's see, like over the last three years,

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Speaker 3: down forty percent. This company's had to deal with the

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Speaker 3: Epic Pass. Like you said, Tim, they obviously own it,

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Speaker 3: but that's completely changed the business of skiing. Yeah, it's

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Speaker 3: changed the skier experience. They had to deal with a

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Speaker 3: wage strike in Park City in December.

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Speaker 1: Environmental impact, environmental.

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Speaker 3: Impact and how that, like how less snow kind of

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Speaker 3: changes how people approach this sport. So, at least for

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Speaker 3: right now in the aftermarket trading, this is good news.

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Speaker 1: For the We've made shareholder, Tim, because I think he's

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Speaker 1: going to continue the deep dive into this.

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Speaker 4: Yeah, I'm just looking at the press release. It's pretty wild, Okay, Testa, Yeah, yeah, I.

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Speaker 3: Mean I figured we could do a check in on

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Speaker 3: Tesla because it shares were up over six percent in

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Speaker 3: the regular trading session. It was the biggest jump since

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Speaker 3: April twenty fifth.

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Speaker 1: I missed that in today's session.

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Speaker 3: Yeah, I mean, this was despite the fact that we

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Speaker 3: did get news out of Europe that their sales in

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Speaker 3: Europe fell, and yet that didn't deter the shareholders from

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Speaker 3: buying up Tesla. I'm not sure if there was any

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Speaker 3: more like real fundamental news tied to this stock. At

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Speaker 3: least today, there was an article on the Bloomberg terminal

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Speaker 3: about some buyside activity. Tesla investor Bally Gifford keeps steak

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Speaker 3: in a bet on future tech. So this analyst with

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Speaker 3: their Scottish Mortgage Investment Trust told Bloomberg that Tesla's inroads

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Speaker 3: and self driving robots and home energy systems is keeping

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Speaker 3: them invested in the company, though they have trimmed their steak.

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Speaker 3: And also Dan ives from Wedbush he had a note

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Speaker 3: a couple of days ago about their self driving like

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Speaker 3: Tesla's going to really be riding on the excitement of

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Speaker 3: autonomous vehicles, which I'm really into now because I tried

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Speaker 3: my first.

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Speaker 2: Oh did you weay mout?

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Speaker 3: Yeah?

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Speaker 1: Was it?

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Speaker 3: It was incredible?

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Speaker 1: Isn't great?

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Speaker 3: Yeah, it's really great.

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Speaker 1: So kind of surprised at how much you liked it.

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Speaker 3: I'm surprised at how like quickly I adapted to it, right,

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Speaker 3: Like the first time I got in, I was like,

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Speaker 3: oh my god, this is crazy. There's no one driving.

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Speaker 3: And then after my second ride, it was like, oh yeah,

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Speaker 3: I'm in a weimo whatever.

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Speaker 4: And then for your remaining was just in San Francisco. Yeah,

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Speaker 4: for your remaining time in San Francisco, that's all you.

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Speaker 4: That's the only way you wanted to get around.

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Speaker 3: Right pretty much?

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Speaker 1: Yeah.

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Speaker 3: I mean if it was the same price or a

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Speaker 3: couple dollars more than an uber like I would take

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Speaker 3: the Waimo for the novel to.

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Speaker 4: It, it was more expensive in some cases.

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Speaker 3: Yeah, depended on the time. I don't know, I might

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Speaker 3: not sample size.

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Speaker 4: So you were going early in the morning.

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Speaker 3: Right, Yeah, yeah, because you.

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Speaker 4: Were working East coast hours. Yeah, it was cheap. Yeah,

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Speaker 4: it was so cheap.

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Speaker 3: Cheaper.

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Speaker 4: It felt really cheap. Although I think it's just cheaper

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Speaker 4: than New York, like prices there, riding cheaper. You were

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Speaker 4: checking everything at the same time.

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Speaker 1: Yeah, yeah, I would have closed my eyes like I

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Speaker 1: was so comfortable.

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Speaker 3: I was really comfortable. Weird, Yeah, maybe too. Maybe we're

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Speaker 3: putting too much trust in the machines, but I mean

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Speaker 3: the driving felt really smooth.

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Speaker 4: I gotta say, did I agree.

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Speaker 2: The stockmover's report from Bloomberg Radio. Check back with us

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

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Speaker 2: news on Wall Street and for the latest market moving headlines.

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