1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,520 --> 00:00:12,440 Speaker 2: The Stock Movers report, your roundup of companies making moves 3 00:00:12,440 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,600 --> 00:00:19,319 Speaker 3: I'm Carol Messer, Long items Static. Let's get to some 5 00:00:19,520 --> 00:00:22,279 Speaker 3: stocks on the move as we try to ponder some 6 00:00:22,320 --> 00:00:26,279 Speaker 3: of the bigger meanings of financial markets with us. It 7 00:00:26,320 --> 00:00:28,960 Speaker 3: is Bloomberg News Equities reporter Avalon Pronounce. 8 00:00:28,560 --> 00:00:29,360 Speaker 2: She's back with us. 9 00:00:30,360 --> 00:00:30,840 Speaker 4: Yeah. 10 00:00:31,040 --> 00:00:32,960 Speaker 3: Some stocks in the move today. Yeah. 11 00:00:33,080 --> 00:00:34,360 Speaker 5: Let's start off with eBay. 12 00:00:34,479 --> 00:00:34,920 Speaker 4: Tick her. 13 00:00:35,040 --> 00:00:38,080 Speaker 5: eBay. The shares are up about six point one percent 14 00:00:38,120 --> 00:00:42,080 Speaker 5: after market after the online marketplace reported fourth quarter earning 15 00:00:42,159 --> 00:00:46,159 Speaker 5: sat basically seated expectations across the board, and that's a 16 00:00:46,200 --> 00:00:50,080 Speaker 5: welcome sign for investors at eBay's focus on luxury items 17 00:00:50,159 --> 00:00:53,440 Speaker 5: and also refurbish goods is continuing to help the company 18 00:00:53,520 --> 00:00:57,920 Speaker 5: stand out among a pretty large group of e commerce 19 00:00:58,120 --> 00:01:00,720 Speaker 5: companies right now in the market. Also wanted to draw 20 00:01:00,720 --> 00:01:03,320 Speaker 5: attention to the fact that it plans to buy Deepop 21 00:01:03,360 --> 00:01:05,520 Speaker 5: from et C, which is a pretty big deal since 22 00:01:05,880 --> 00:01:08,160 Speaker 5: I can say at least deep Hop is incredibly popular 23 00:01:08,200 --> 00:01:09,920 Speaker 5: among gen Z and younger shoppers. 24 00:01:10,400 --> 00:01:14,440 Speaker 1: Said that because as a not gen Z person, I 25 00:01:14,440 --> 00:01:18,880 Speaker 1: don't know what it is, but the New York Times 26 00:01:18,880 --> 00:01:21,360 Speaker 1: calls it a secondhand clothing up popular with gen. 27 00:01:21,280 --> 00:01:24,880 Speaker 5: Zh, a very good definition in my opinion. I bought 28 00:01:25,040 --> 00:01:27,440 Speaker 5: a leather jacket from there in the past, but it's 29 00:01:27,600 --> 00:01:29,280 Speaker 5: basically eBay for gen Z. 30 00:01:31,200 --> 00:01:33,880 Speaker 4: And sold it to eBay, yes. 31 00:01:33,640 --> 00:01:35,320 Speaker 5: For roughly one point two billion dollars. 32 00:01:35,319 --> 00:01:37,959 Speaker 3: It's a bunch of these types of sites. Yeah, yes, right, 33 00:01:38,000 --> 00:01:39,960 Speaker 3: I'm trying to think of the other ones. Yeah, okay, 34 00:01:40,040 --> 00:01:42,840 Speaker 3: So got Cary thread up. So many options, right, there's 35 00:01:42,840 --> 00:01:45,400 Speaker 3: so many different options. So is that one like investors? 36 00:01:45,400 --> 00:01:47,039 Speaker 3: I mean, they also gave a good outlook, right their 37 00:01:47,040 --> 00:01:49,440 Speaker 3: first quarter net revenue, so they're kind of on the 38 00:01:49,520 --> 00:01:52,640 Speaker 3: move here, Yes, that's quite it fascinating like they're kind 39 00:01:52,640 --> 00:01:54,360 Speaker 3: of thinking about maybe their next era. 40 00:01:55,080 --> 00:01:55,280 Speaker 1: Yeah. 41 00:01:55,280 --> 00:01:57,960 Speaker 5: And Etsy is also jumping along with that news. It's 42 00:01:58,000 --> 00:02:01,320 Speaker 5: up about fifteen percent after market after this deal. So 43 00:02:01,560 --> 00:02:04,440 Speaker 5: across the board for those who are interested in secondhand 44 00:02:04,480 --> 00:02:09,040 Speaker 5: fashion or also just goods like Etsy, it's kind of 45 00:02:09,120 --> 00:02:09,840 Speaker 5: up across the board. 46 00:02:10,240 --> 00:02:13,359 Speaker 1: Etsy bought deepop in twenty twenty one for one point 47 00:02:13,480 --> 00:02:16,640 Speaker 1: six billion dollars. Now they're selling it for about one 48 00:02:16,680 --> 00:02:17,800 Speaker 1: point two billion dollars. 49 00:02:17,840 --> 00:02:19,720 Speaker 4: Wow. That's a little bit of a haircut. 50 00:02:19,760 --> 00:02:22,680 Speaker 3: Okay, okay, all right, So watching that one, let's go 51 00:02:22,880 --> 00:02:23,880 Speaker 3: to Maderna. 52 00:02:23,960 --> 00:02:26,600 Speaker 5: Yes, Maderna, I'm a healthcare reporter. So it ended up 53 00:02:26,600 --> 00:02:29,960 Speaker 5: about six percent after the FDA agreed to review its 54 00:02:30,000 --> 00:02:32,919 Speaker 5: flu shot and a kind of stunning reversal, especially since 55 00:02:32,919 --> 00:02:36,000 Speaker 5: the flu shot is made with mRNA technology, which has 56 00:02:36,040 --> 00:02:39,320 Speaker 5: been kind of politicized lately in the current environment. But 57 00:02:39,919 --> 00:02:42,120 Speaker 5: that being said, I thought it was really interesting that 58 00:02:42,240 --> 00:02:44,720 Speaker 5: one analyst mentioned that there could be some upside for 59 00:02:44,800 --> 00:02:48,440 Speaker 5: other companies as well, like Unicore, who has been quite 60 00:02:48,480 --> 00:02:52,960 Speaker 5: popular given their Huntington's experimental therapy, which anyone who knows 61 00:02:53,000 --> 00:02:56,160 Speaker 5: about that rare disease, it is fatal in all cases 62 00:02:56,200 --> 00:02:59,440 Speaker 5: and there's no treatments for it. So there's some investors 63 00:02:59,480 --> 00:03:02,360 Speaker 5: who are really hopeful that Unicure also their shares went 64 00:03:02,440 --> 00:03:04,840 Speaker 5: up about eight percent on the news that maybe this 65 00:03:04,880 --> 00:03:06,760 Speaker 5: could be a sign that the FDA will also reverse 66 00:03:06,800 --> 00:03:08,839 Speaker 5: his decision in their case as well. 67 00:03:09,000 --> 00:03:11,360 Speaker 3: And those tickers for in case you care, Maderna of 68 00:03:11,360 --> 00:03:13,799 Speaker 3: course at mr NA and that stuck is up about 69 00:03:13,840 --> 00:03:18,600 Speaker 3: sixty percent year to date, and then Unicure qur E. 70 00:03:18,880 --> 00:03:22,880 Speaker 1: Yeah, like you said, mixed messages though from HHS in 71 00:03:23,000 --> 00:03:27,160 Speaker 1: the FDA in recent months about mRNA and we've seen 72 00:03:28,280 --> 00:03:32,239 Speaker 1: mRNA vaccines and we've seen shares of Moderna really volatile 73 00:03:32,560 --> 00:03:33,800 Speaker 1: on the kind. 74 00:03:33,600 --> 00:03:36,040 Speaker 4: Of confusion that investors are interpreting. 75 00:03:36,320 --> 00:03:39,920 Speaker 5: Yeah, they've taken a beating, especially amongst some critics within 76 00:03:39,960 --> 00:03:43,960 Speaker 5: the FDA who are not necessarily as for vaccines when 77 00:03:44,000 --> 00:03:47,600 Speaker 5: you look at the AHHSS. That being said, the FDA 78 00:03:47,760 --> 00:03:50,000 Speaker 5: has had a lot of shakeups in terms of leadership, 79 00:03:50,080 --> 00:03:53,400 Speaker 5: and so we will see as well, like what which 80 00:03:53,400 --> 00:03:55,880 Speaker 5: way they're going to be turning still unclear. 81 00:03:55,520 --> 00:03:57,520 Speaker 3: A little perspective. I mean, I'm going to go where 82 00:03:57,520 --> 00:03:59,600 Speaker 3: it's obvious, but let's just go there. But back in 83 00:03:59,640 --> 00:04:03,160 Speaker 3: twenty twenty one, Maderna was a four hundred and eighty 84 00:04:03,200 --> 00:04:06,720 Speaker 3: four dollars a share stock. Today it closed just under 85 00:04:06,760 --> 00:04:09,320 Speaker 3: forty seven dollars, so we know how much it has 86 00:04:09,360 --> 00:04:12,520 Speaker 3: pulled back. It's bounced back already this year, but a 87 00:04:12,680 --> 00:04:13,720 Speaker 3: long long way to go. 88 00:04:14,560 --> 00:04:18,360 Speaker 5: Can we talk about coconut water, Yes, yes, Vita Coco 89 00:04:18,520 --> 00:04:22,400 Speaker 5: taker Coco is also kind of continuing along that theme 90 00:04:22,480 --> 00:04:25,600 Speaker 5: of consumer sentiment. Those shares slit about eleven percent at 91 00:04:25,600 --> 00:04:28,719 Speaker 5: the close, which actually moved the stock negative. For the year. 92 00:04:29,000 --> 00:04:32,400 Speaker 5: Before today, Vita Coco was up about seven percent. The 93 00:04:32,480 --> 00:04:35,279 Speaker 5: fall comes after some kind of mixed guidance to a 94 00:04:35,279 --> 00:04:39,480 Speaker 5: certain degree, despite having a pretty good quarter. Analysts called 95 00:04:39,480 --> 00:04:41,880 Speaker 5: out like the increased promotions that they're planning to do 96 00:04:41,920 --> 00:04:44,680 Speaker 5: in the US, some potential timing shifts, and also some 97 00:04:44,760 --> 00:04:49,479 Speaker 5: inventory adjustments as potential mixed signals about where exactly the 98 00:04:49,480 --> 00:04:53,760 Speaker 5: consumer leads. But Evercore analysts still remain fairly bullished. They 99 00:04:53,800 --> 00:04:56,640 Speaker 5: set up in a note today that despite the complexity 100 00:04:56,640 --> 00:04:59,880 Speaker 5: in twenty twenty five, Vita Coco should have potentially the 101 00:05:00,080 --> 00:05:02,440 Speaker 5: US gross story and beverages for this coming year as 102 00:05:02,520 --> 00:05:05,120 Speaker 5: health and wellness continues to be a great trend of 103 00:05:05,120 --> 00:05:05,559 Speaker 5: the US. 104 00:05:05,560 --> 00:05:06,880 Speaker 3: Not a coconut water kind of getting. 105 00:05:06,880 --> 00:05:07,760 Speaker 4: Oh I love coconute. 106 00:05:08,160 --> 00:05:10,240 Speaker 1: Yeah, but I'll be honest, I'm too cheap to buy it, 107 00:05:10,400 --> 00:05:11,880 Speaker 1: so I just like don't buy it. 108 00:05:12,000 --> 00:05:14,960 Speaker 5: When I was yeah, I mean we have it upstairs. 109 00:05:15,680 --> 00:05:16,840 Speaker 4: No, yes, what? 110 00:05:17,279 --> 00:05:21,039 Speaker 5: Yeah? 111 00:05:18,480 --> 00:05:23,359 Speaker 1: Yeah, I think I think that's coconut soda. 112 00:05:23,960 --> 00:05:26,400 Speaker 4: I don't think so we have coconut water. I'm pretty sure. 113 00:05:26,480 --> 00:05:27,440 Speaker 4: All right, I gotta go. 114 00:05:29,520 --> 00:05:33,560 Speaker 2: This stock movers report from Bloomberg Radio check Back with 115 00:05:33,640 --> 00:05:36,200 Speaker 2: us throughout the day for the latest roundup of companies 116 00:05:36,279 --> 00:05:39,360 Speaker 2: making news on Wall Street, and for the latest market 117 00:05:39,400 --> 00:05:43,839 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 118 00:05:43,960 --> 00:05:47,479 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 119 00:05:47,520 --> 00:05:49,000 Speaker 2: the Bloomberg Business app.