1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:16,320 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,760 --> 00:00:19,000 Speaker 3: I'm Carol Messer alone with Norm Melinda. Let's get to 5 00:00:19,079 --> 00:00:20,799 Speaker 3: some stocks on the move this Monday with us as 6 00:00:20,840 --> 00:00:26,239 Speaker 3: Bloomberg News Equities reporter Avalon Pernell. It's an interesting day today, 7 00:00:26,600 --> 00:00:30,080 Speaker 3: like second week of a war. But stock some gaining, 8 00:00:30,200 --> 00:00:33,040 Speaker 3: some declining, not necessarily all connected to the war. But 9 00:00:33,240 --> 00:00:34,120 Speaker 3: what do you got for us? 10 00:00:34,240 --> 00:00:36,360 Speaker 1: Exactly? I definitely have a couple that are connected to 11 00:00:36,400 --> 00:00:38,520 Speaker 1: the war. We can start off with Uber and door dash. 12 00:00:38,880 --> 00:00:42,400 Speaker 1: Uber that's ticker Uber and DoorDash is ticker dash D. 13 00:00:42,680 --> 00:00:45,919 Speaker 1: Focus on that one, right exactly. Uber's slighting about two 14 00:00:46,000 --> 00:00:48,960 Speaker 1: point three percent today. DoorDash is down about three point 15 00:00:49,080 --> 00:00:52,120 Speaker 1: four percent. Both of those are down because oil topped 16 00:00:52,120 --> 00:00:55,680 Speaker 1: one hundred dollars today. And Bloomberg Intelligence actually has a 17 00:00:55,720 --> 00:00:58,680 Speaker 1: great note out talking about how ride hailing and also 18 00:00:58,800 --> 00:01:01,279 Speaker 1: delivery companies are going to be pretty much impacted by 19 00:01:01,320 --> 00:01:04,520 Speaker 1: this since they're very much exposed to oil shocks, and 20 00:01:04,560 --> 00:01:06,480 Speaker 1: how it's going to be difficult for them to offset 21 00:01:06,520 --> 00:01:10,520 Speaker 1: those costs given customers are pretty pri sensitive right now. 22 00:01:10,600 --> 00:01:13,240 Speaker 3: Yeah, it's hard to throw a surch charge, a fuel surcharge. 23 00:01:13,280 --> 00:01:13,760 Speaker 2: It wouldn't be. 24 00:01:13,760 --> 00:01:15,679 Speaker 3: The you know, first of someone kind of doing that 25 00:01:15,800 --> 00:01:18,039 Speaker 3: on some different item. But you do wonder then if 26 00:01:18,080 --> 00:01:20,399 Speaker 3: consumers already kind of tired of all the fees. 27 00:01:20,440 --> 00:01:21,920 Speaker 4: I know, I am. You take a look at your 28 00:01:21,959 --> 00:01:24,680 Speaker 4: bill breakdown, and it's just stack, stack, stacks like stack, 29 00:01:24,760 --> 00:01:27,160 Speaker 4: especially here in New York City. Yeah, we also saw airlines. 30 00:01:27,200 --> 00:01:29,000 Speaker 4: Of course, they're really in focus when we think about 31 00:01:29,040 --> 00:01:31,440 Speaker 4: those that are sensitive during this time period exactly. 32 00:01:31,560 --> 00:01:33,440 Speaker 3: All right, so those two are definitely under pressure. What 33 00:01:33,480 --> 00:01:34,800 Speaker 3: kind of declines again are we seeing. 34 00:01:34,920 --> 00:01:37,040 Speaker 1: Yeah, we are seeing about two point three percent down 35 00:01:37,080 --> 00:01:39,560 Speaker 1: for Uber and three point four percent four door Dash. 36 00:01:39,600 --> 00:01:42,200 Speaker 3: All right, let's go to one that is surging in 37 00:01:42,280 --> 00:01:44,319 Speaker 3: the trade. This is a weight what moment We're going 38 00:01:44,400 --> 00:01:46,520 Speaker 3: to talk about this too in just a moment, a 39 00:01:46,560 --> 00:01:47,440 Speaker 3: little bit more on air. 40 00:01:47,840 --> 00:01:51,520 Speaker 1: Yes, Hymn's and Hers. That's ticker hims up about forty 41 00:01:51,600 --> 00:01:55,559 Speaker 1: one percent today for its biggest jump ever. That's because 42 00:01:55,640 --> 00:01:58,680 Speaker 1: Novo Nordisk finally decided to bury the hatchet and agreed 43 00:01:58,680 --> 00:02:01,400 Speaker 1: to sell its weight loss products again on the platform 44 00:02:01,680 --> 00:02:04,800 Speaker 1: and it's actually a fairly sudden shift in judgment, considering 45 00:02:05,400 --> 00:02:08,480 Speaker 1: Novo literally had a lawsuit on them late last year, 46 00:02:08,880 --> 00:02:12,080 Speaker 1: but they have now decided to drop that and Hymns 47 00:02:12,080 --> 00:02:15,360 Speaker 1: has agreed to stop advertising at least the copycats of 48 00:02:15,400 --> 00:02:18,840 Speaker 1: his drugs. So it seems like they're the real thing. 49 00:02:18,840 --> 00:02:19,760 Speaker 3: They get the real. 50 00:02:19,960 --> 00:02:22,040 Speaker 4: Right, because they were at so nervous about the fact 51 00:02:22,080 --> 00:02:24,720 Speaker 4: that a lot of the things weren't necessarily FDA approved, 52 00:02:24,760 --> 00:02:26,640 Speaker 4: and so they are making it very clear that they 53 00:02:26,680 --> 00:02:28,560 Speaker 4: want to make sure that, you know, doctors are aware 54 00:02:28,560 --> 00:02:30,920 Speaker 4: of what patients are taking as well. This has just 55 00:02:30,919 --> 00:02:32,919 Speaker 4: been such an interesting story in how it's developed. 56 00:02:32,960 --> 00:02:35,320 Speaker 3: It's just, you know that they were suing each other 57 00:02:35,400 --> 00:02:37,160 Speaker 3: and now that's like, okay, let's work together. So I 58 00:02:37,160 --> 00:02:39,720 Speaker 3: think it's fascinating. But you're right, quite a jump back. 59 00:02:40,480 --> 00:02:42,400 Speaker 3: Where shall we go next? Oh, this one was definitely 60 00:02:42,400 --> 00:02:43,040 Speaker 3: in the news today. 61 00:02:43,280 --> 00:02:47,840 Speaker 1: Oh yes, Live Nation Entertainment that's ticker LYV up about 62 00:02:47,880 --> 00:02:50,519 Speaker 1: four point nine percent. Earlier was up as much as 63 00:02:50,680 --> 00:02:53,519 Speaker 1: seven percent. That's after the company said it reached a 64 00:02:53,520 --> 00:02:56,880 Speaker 1: settlement with the Department of Justice in its anti trust case, 65 00:02:57,040 --> 00:03:00,040 Speaker 1: and more importantly, at least among analysts, they are not 66 00:03:00,080 --> 00:03:02,880 Speaker 1: going to be required to sell off their ticket seller, 67 00:03:03,240 --> 00:03:06,880 Speaker 1: so Ticketmaster will remain within Live Nation. So we'll see 68 00:03:06,919 --> 00:03:09,320 Speaker 1: what happens next, but they did agree to pay two 69 00:03:09,360 --> 00:03:12,400 Speaker 1: hundred million dollars in damages to the participating states. They 70 00:03:12,440 --> 00:03:15,320 Speaker 1: also agreed to divest from a couple of amphitheaters across 71 00:03:15,320 --> 00:03:19,560 Speaker 1: the country, But some are still cautioning that despite the win, 72 00:03:19,760 --> 00:03:23,280 Speaker 1: there is still the issues from the Iran War as 73 00:03:23,280 --> 00:03:26,280 Speaker 1: well that could be dampening consumer sentiments. Are you really 74 00:03:26,320 --> 00:03:29,000 Speaker 1: going to want to spend your money on concerts when 75 00:03:29,040 --> 00:03:31,000 Speaker 1: your gas prices are going up? Maybe not. 76 00:03:32,840 --> 00:03:36,880 Speaker 2: This stock mover's report from Bloomberg Radio. 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