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Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The Stock Movers Report,

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Speaker 1: your roundup of companies making moves in the stock market,

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Speaker 1: harnessing the power of Bloomberg Data. It is time to

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Speaker 1: take a look at some stocks on the move, and

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Speaker 1: for that we bring in Bloomberg Television correspondent Nourah Melinda Nora.

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Speaker 2: What do you have, Well, let's take a look at

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Speaker 2: the housing market. This is something we've been talking about

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Speaker 2: a lot lately. We're looking at shares of Lenard that's

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Speaker 2: ticker l e in following more than five percent. This,

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Speaker 2: of course is after the company forecast quarterly home orders,

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Speaker 2: also margins and deliveries that miss expectations for the first quarter.

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Speaker 2: We're releasing a lot of challenges being weighed right now,

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Speaker 2: especially given the job and security that we're seeing in

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Speaker 2: the market. Rates still remain high, and while we did

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Speaker 2: see them pulling back just a bit, we are still

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Speaker 2: seeing a lot of competition from the resale market and

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Speaker 2: other competitors here. So we're looking at shares of Lenar reallyhiring,

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Speaker 2: really declining right now and bringing a lot of its

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Speaker 2: peers down lower about fourteen percent. Sales incentives account for

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Speaker 2: the average selling price of each home that we did

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Speaker 2: see for the quarter for Lenar. So we are also

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Speaker 2: seeing a lot of incentives really weighing on gross margins

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Speaker 2: here for this company.

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Speaker 1: All right, you have that Frontier group Frontier.

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Speaker 2: Of course, this is ticker ULCC. This one's been in focus.

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Speaker 2: And it's funny because I feel like we haven't talked

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Speaker 2: about this story in a while, between Frontier and Spirit Airlines.

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Speaker 2: But of course we do know that Spirit actually trades

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Speaker 2: over the counter, that's ticker fl YYQ. But we did

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Speaker 2: see that the bankrupt company Spirit is in revived discussions

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Speaker 2: to merge with Frontier. But this is, of course, according

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Speaker 2: to people familiar with the matter, this is a deal

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Speaker 2: that could potentially rescue the airline from insolvency. So we

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Speaker 2: are hearing from analysts on Wall Street saying that this

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Speaker 2: could be positive in terms of coming up with some

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Speaker 2: sort of challenger to larger network peers, but it still

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Speaker 2: is more of a survival move rather than more of

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Speaker 2: a strategic move. And last one, lastly, I'm looking at

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Speaker 2: shares of Oracle that's s ticker o RCL. This is

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Speaker 2: one of the biggest laggards in the S and P

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Speaker 2: five hundred shares are down just as much as about

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Speaker 2: five point nine percent right now, and this is after

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Speaker 2: we did get a report from The Financial Times that

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Speaker 2: reported that the blue Out Capital will not back a

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Speaker 2: ten billion dollar deal for the software giant's next data center. Also,

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Speaker 2: an Oracle spokesperson said that blue Out is out of

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Speaker 2: the data center deal, but it still remains on schedule.

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Speaker 1: This Stock Movers report from Bloomberg Radio. Check back with

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Speaker 1: us throughout the day for the latest roundup of companies

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Speaker 1: making news on Wall Street and for the latest market

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