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 3: I'm Carol Messer, Long items Static. Let's get to some
Speaker 3: stocks on the move as we try to ponder some
Speaker 3: of the bigger meanings of financial markets with us. It
Speaker 3: is Bloomberg News Equities reporter Avalon Pronounce.
Speaker 2: She's back with us.
Speaker 4: Yeah.
Speaker 3: Some stocks in the move today. Yeah.
Speaker 5: Let's start off with eBay.
Speaker 4: Tick her.
Speaker 5: eBay. The shares are up about six point one percent
Speaker 5: after market after the online marketplace reported fourth quarter earning
Speaker 5: sat basically seated expectations across the board, and that's a
Speaker 5: welcome sign for investors at eBay's focus on luxury items
Speaker 5: and also refurbish goods is continuing to help the company
Speaker 5: stand out among a pretty large group of e commerce
Speaker 5: companies right now in the market. Also wanted to draw
Speaker 5: attention to the fact that it plans to buy Deepop
Speaker 5: from et C, which is a pretty big deal since
Speaker 5: I can say at least deep Hop is incredibly popular
Speaker 5: among gen Z and younger shoppers.
Speaker 1: Said that because as a not gen Z person, I
Speaker 1: don't know what it is, but the New York Times
Speaker 1: calls it a secondhand clothing up popular with gen.
Speaker 5: Zh, a very good definition in my opinion. I bought
Speaker 5: a leather jacket from there in the past, but it's
Speaker 5: basically eBay for gen Z.
Speaker 4: And sold it to eBay, yes.
Speaker 5: For roughly one point two billion dollars.
Speaker 3: It's a bunch of these types of sites. Yeah, yes, right,
Speaker 3: I'm trying to think of the other ones. Yeah, okay,
Speaker 3: So got Cary thread up. So many options, right, there's
Speaker 3: so many different options. So is that one like investors?
Speaker 3: I mean, they also gave a good outlook, right their
Speaker 3: first quarter net revenue, so they're kind of on the
Speaker 3: move here, Yes, that's quite it fascinating like they're kind
Speaker 3: of thinking about maybe their next era.
Speaker 1: Yeah.
Speaker 5: And Etsy is also jumping along with that news. It's
Speaker 5: up about fifteen percent after market after this deal. So
Speaker 5: across the board for those who are interested in secondhand
Speaker 5: fashion or also just goods like Etsy, it's kind of
Speaker 5: up across the board.
Speaker 1: Etsy bought deepop in twenty twenty one for one point
Speaker 1: six billion dollars. Now they're selling it for about one
Speaker 1: point two billion dollars.
Speaker 4: Wow. That's a little bit of a haircut.
Speaker 3: Okay, okay, all right, So watching that one, let's go
Speaker 3: to Maderna.
Speaker 5: Yes, Maderna, I'm a healthcare reporter. So it ended up
Speaker 5: about six percent after the FDA agreed to review its
Speaker 5: flu shot and a kind of stunning reversal, especially since
Speaker 5: the flu shot is made with mRNA technology, which has
Speaker 5: been kind of politicized lately in the current environment. But
Speaker 5: that being said, I thought it was really interesting that
Speaker 5: one analyst mentioned that there could be some upside for
Speaker 5: other companies as well, like Unicore, who has been quite
Speaker 5: popular given their Huntington's experimental therapy, which anyone who knows
Speaker 5: about that rare disease, it is fatal in all cases
Speaker 5: and there's no treatments for it. So there's some investors
Speaker 5: who are really hopeful that Unicure also their shares went
Speaker 5: up about eight percent on the news that maybe this
Speaker 5: could be a sign that the FDA will also reverse
Speaker 5: his decision in their case as well.
Speaker 3: And those tickers for in case you care, Maderna of
Speaker 3: course at mr NA and that stuck is up about
Speaker 3: sixty percent year to date, and then Unicure qur E.
Speaker 1: Yeah, like you said, mixed messages though from HHS in
Speaker 1: the FDA in recent months about mRNA and we've seen
Speaker 1: mRNA vaccines and we've seen shares of Moderna really volatile
Speaker 1: on the kind.
Speaker 4: Of confusion that investors are interpreting.
Speaker 5: Yeah, they've taken a beating, especially amongst some critics within
Speaker 5: the FDA who are not necessarily as for vaccines when
Speaker 5: you look at the AHHSS. That being said, the FDA
Speaker 5: has had a lot of shakeups in terms of leadership,
Speaker 5: and so we will see as well, like what which
Speaker 5: way they're going to be turning still unclear.
Speaker 3: A little perspective. I mean, I'm going to go where
Speaker 3: it's obvious, but let's just go there. But back in
Speaker 3: twenty twenty one, Maderna was a four hundred and eighty
Speaker 3: four dollars a share stock. Today it closed just under
Speaker 3: forty seven dollars, so we know how much it has
Speaker 3: pulled back. It's bounced back already this year, but a
Speaker 3: long long way to go.
Speaker 5: Can we talk about coconut water, Yes, yes, Vita Coco
Speaker 5: taker Coco is also kind of continuing along that theme
Speaker 5: of consumer sentiment. Those shares slit about eleven percent at
Speaker 5: the close, which actually moved the stock negative. For the year.
Speaker 5: Before today, Vita Coco was up about seven percent. The
Speaker 5: fall comes after some kind of mixed guidance to a
Speaker 5: certain degree, despite having a pretty good quarter. Analysts called
Speaker 5: out like the increased promotions that they're planning to do
Speaker 5: in the US, some potential timing shifts, and also some
Speaker 5: inventory adjustments as potential mixed signals about where exactly the
Speaker 5: consumer leads. But Evercore analysts still remain fairly bullished. They
Speaker 5: set up in a note today that despite the complexity
Speaker 5: in twenty twenty five, Vita Coco should have potentially the
Speaker 5: US gross story and beverages for this coming year as
Speaker 5: health and wellness continues to be a great trend of
Speaker 5: the US.
Speaker 3: Not a coconut water kind of getting.
Speaker 4: Oh I love coconute.
Speaker 1: Yeah, but I'll be honest, I'm too cheap to buy it,
Speaker 1: so I just like don't buy it.
Speaker 5: When I was yeah, I mean we have it upstairs.
Speaker 4: No, yes, what?
Speaker 5: Yeah?
Speaker 1: Yeah, I think I think that's coconut soda.
Speaker 4: I don't think so we have coconut water. I'm pretty sure.
Speaker 4: All right, I gotta go.
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