1 00:00:02,520 --> 00:00:10,000 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. 2 00:00:10,080 --> 00:00:13,520 Speaker 2: This is the closing bell on the stock Movers report 3 00:00:13,760 --> 00:00:16,720 Speaker 2: the company's making moves at the close of US trading 4 00:00:16,880 --> 00:00:22,599 Speaker 2: with Carol Masser, Tim stenovek Romain Bostik, and Katie Greyfell. Hey, 5 00:00:22,640 --> 00:00:23,080 Speaker 2: let me go. 6 00:00:23,079 --> 00:00:25,120 Speaker 3: To some of the individual gainers. I'm sure you guys 7 00:00:25,160 --> 00:00:29,120 Speaker 3: talked about it. YMS and HER's Health and Novo Nordisks 8 00:00:29,400 --> 00:00:33,080 Speaker 3: HIMS and hers Health biggest move that we've seen most 9 00:00:33,880 --> 00:00:36,599 Speaker 3: ever in fact inter day and I'm assuming here at 10 00:00:36,600 --> 00:00:39,720 Speaker 3: the close up about forty almost forty one percent. This 11 00:00:39,840 --> 00:00:42,640 Speaker 3: happening after Nova Nordisks was said to have ended its 12 00:00:42,680 --> 00:00:45,839 Speaker 3: public feud, with the company ending litigation with an agreement 13 00:00:45,880 --> 00:00:49,000 Speaker 3: to actually sell its weight loss drugs on the hymns platform. 14 00:00:49,360 --> 00:00:51,760 Speaker 3: So we did see Hyms a big move to the upside. 15 00:00:51,840 --> 00:00:54,360 Speaker 3: Nova Nordisk, which has been struggling as it tries to 16 00:00:54,400 --> 00:00:57,240 Speaker 3: find its way in what has become an increasingly competitive 17 00:00:57,520 --> 00:01:01,440 Speaker 3: JLP one landscape, it too, up about three point one percent, 18 00:01:01,560 --> 00:01:05,199 Speaker 3: so we've got that playing out. Also, kind of staying 19 00:01:05,240 --> 00:01:08,240 Speaker 3: in the drugs and biotech space, a lot of movement 20 00:01:08,280 --> 00:01:10,880 Speaker 3: in the area for some companies, and some of it 21 00:01:10,959 --> 00:01:13,360 Speaker 3: has to do with the head of the FDA's Division 22 00:01:13,360 --> 00:01:16,920 Speaker 3: of Vaccines and Gene Therapies set to leave the agency 23 00:01:17,000 --> 00:01:19,360 Speaker 3: next month. We talked with Bloomberg's Medicin Mueller. This is 24 00:01:19,400 --> 00:01:22,520 Speaker 3: a pretty big deal for some companies in the biotech 25 00:01:22,560 --> 00:01:25,960 Speaker 3: space or the space overall, so capricor therapeutics. It's a 26 00:01:26,000 --> 00:01:29,200 Speaker 3: one point six billion dollar market cap, clinical stage biotech. 27 00:01:29,319 --> 00:01:32,160 Speaker 3: It's working on biological therapies. That one was up almost 28 00:01:32,160 --> 00:01:35,319 Speaker 3: ten percent in today's session, has been higher all day. 29 00:01:35,680 --> 00:01:38,880 Speaker 3: And then another one regen x Bio, also a clinical 30 00:01:38,880 --> 00:01:42,200 Speaker 3: stage biotech companies small market cap about five hundred and 31 00:01:42,240 --> 00:01:46,760 Speaker 3: forty two million market cap there developing gene therapy products. 32 00:01:46,760 --> 00:01:49,840 Speaker 3: But that one too, the expectation maybe a better and 33 00:01:49,880 --> 00:01:53,280 Speaker 3: some more supportive landscape from the FDA for these kinds 34 00:01:53,320 --> 00:01:55,120 Speaker 3: of companies and the work that they're doing. That one 35 00:01:55,160 --> 00:01:57,760 Speaker 3: was up about twenty percent. And then just quickly, let's 36 00:01:57,760 --> 00:02:01,200 Speaker 3: go on over to Live Nation News for that one. 37 00:02:01,760 --> 00:02:04,360 Speaker 3: The company and its ticket master subsidiary have reached a 38 00:02:04,400 --> 00:02:07,560 Speaker 3: settlement with federal anti trust authorities. According to the Justice Department. 39 00:02:07,880 --> 00:02:11,680 Speaker 3: The agreement announced, but it would reportedly open up parts 40 00:02:11,720 --> 00:02:14,880 Speaker 3: of Live Nation's ticketing armed to third party sellers make 41 00:02:14,960 --> 00:02:18,600 Speaker 3: it easier for other promoters to put on shows that amphitheaters, 42 00:02:18,960 --> 00:02:21,120 Speaker 3: that live nation controls, and you can see that one. 43 00:02:21,280 --> 00:02:24,960 Speaker 3: Whenever you get rid of some litigation overhead overhang, you 44 00:02:24,960 --> 00:02:27,040 Speaker 3: can see it pop to the pside up about six 45 00:02:27,040 --> 00:02:28,519 Speaker 3: point two percent. That's what it's going to add. 46 00:02:28,520 --> 00:02:31,320 Speaker 1: A couple honorable mentions here, just that big movement we saw, 47 00:02:31,320 --> 00:02:33,919 Speaker 1: of course in Lamentum earlier today, along with a vertive 48 00:02:33,960 --> 00:02:36,280 Speaker 1: incoherent of course, going to be added to the S 49 00:02:36,320 --> 00:02:39,480 Speaker 1: and B five hundred at the end of March twenty third. 50 00:02:40,200 --> 00:02:42,720 Speaker 4: Well, let's look up some of the names in the red. 51 00:02:42,800 --> 00:02:44,440 Speaker 4: I mean, this was a day that we ended up 52 00:02:44,440 --> 00:02:46,200 Speaker 4: seeing a bit of reversal in the market, but digging 53 00:02:46,200 --> 00:02:47,400 Speaker 4: into some of the decline. 54 00:02:47,120 --> 00:02:49,119 Speaker 3: You had to scramble to make some changes. 55 00:02:49,280 --> 00:02:51,760 Speaker 4: We did see a lot of changes. I'm squeaking my 56 00:02:51,840 --> 00:02:54,560 Speaker 4: names up until the closing bell, but taking a look 57 00:02:54,600 --> 00:02:57,280 Speaker 4: at Boeing, this is a stock that ended lower by 58 00:02:57,280 --> 00:02:59,840 Speaker 4: about two point six percent on the day. We got 59 00:02:59,840 --> 00:03:02,720 Speaker 4: some headlines crossing the Bloomberg terminal earlier today saying that 60 00:03:02,840 --> 00:03:05,840 Speaker 4: the Iran war has airlines reviewing growth plans as fuel 61 00:03:05,880 --> 00:03:09,200 Speaker 4: costs rise. We heard that some airlines were considering halting 62 00:03:09,280 --> 00:03:11,800 Speaker 4: jet deliveries, which we know when we think about contracts 63 00:03:11,800 --> 00:03:14,359 Speaker 4: with Boeing, a lot of these things are done far out, 64 00:03:14,400 --> 00:03:17,600 Speaker 4: so really just casting some uncertainty here in the market. 65 00:03:17,800 --> 00:03:21,360 Speaker 4: Some airlines were said to also pause leasing and order discussions, 66 00:03:21,400 --> 00:03:24,400 Speaker 4: so you certainly saw that weighing on sentiment here for 67 00:03:24,560 --> 00:03:27,920 Speaker 4: investors of Boeing. But keeping an eye on all the 68 00:03:27,960 --> 00:03:30,360 Speaker 4: implications that we've been seeing in terms of the ongoing 69 00:03:30,400 --> 00:03:32,360 Speaker 4: conflict in the Middle East. Of course, we've got the 70 00:03:32,360 --> 00:03:35,640 Speaker 4: headlines coming out earlier about what the outlook could be 71 00:03:35,680 --> 00:03:38,360 Speaker 4: and how long this actual conflict could last. But there 72 00:03:38,400 --> 00:03:41,840 Speaker 4: were some stocks that of course have exposure to the 73 00:03:41,920 --> 00:03:44,600 Speaker 4: oil space, and taking a look at shares of Uber, 74 00:03:45,000 --> 00:03:47,800 Speaker 4: they ended lower by about one point seven percent, door 75 00:03:47,880 --> 00:03:50,560 Speaker 4: Dash and Focus that went down about one zero point 76 00:03:50,560 --> 00:03:53,320 Speaker 4: four percent at the closing bell. Now, this of course 77 00:03:53,400 --> 00:03:55,600 Speaker 4: is due to the idea that these companies actually have 78 00:03:55,720 --> 00:04:00,280 Speaker 4: exposure to the costs for fuel oil and the idea 79 00:04:00,280 --> 00:04:03,200 Speaker 4: that these all this pressure could really trickle out into 80 00:04:03,240 --> 00:04:05,640 Speaker 4: the consumer and make things more expensive. We know ubers, 81 00:04:05,640 --> 00:04:08,080 Speaker 4: at least here in New York City are already expensive, 82 00:04:08,080 --> 00:04:10,720 Speaker 4: with a lot of these surcharges, but thinking about that 83 00:04:10,880 --> 00:04:14,280 Speaker 4: just actually coming into door Dash and Uber and whether 84 00:04:14,360 --> 00:04:17,479 Speaker 4: or not that could actually weigh on consumers and the 85 00:04:17,480 --> 00:04:20,480 Speaker 4: companies more broadly, and lastly, wrapping things up, I've got 86 00:04:20,520 --> 00:04:22,320 Speaker 4: my eyes on Paramounts Guidance. We know that this is 87 00:04:22,360 --> 00:04:25,000 Speaker 4: a story that's really been evolving day after day. If 88 00:04:25,040 --> 00:04:28,000 Speaker 4: we think about Paramounts Guidance and Warner Brothers Discovery, that 89 00:04:28,320 --> 00:04:31,039 Speaker 4: battle that we saw between Paramounts Guidance and Netflix that 90 00:04:31,080 --> 00:04:33,800 Speaker 4: we know paramount did win here. So we do see 91 00:04:33,800 --> 00:04:35,760 Speaker 4: shares down about six point seven percent on the day. 92 00:04:35,839 --> 00:04:38,200 Speaker 4: This is after ten cents at an intense a best 93 00:04:38,240 --> 00:04:39,359 Speaker 4: several hundred million dollars. 94 00:04:40,800 --> 00:04:44,800 Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with 95 00:04:44,880 --> 00:04:47,480 Speaker 2: us throughout the day for the latest roundup of companies 96 00:04:47,520 --> 00:04:50,640 Speaker 2: making news on Wall Street and for the latest market 97 00:04:50,680 --> 00:04:55,160 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 98 00:04:55,240 --> 00:04:58,719 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 99 00:04:58,800 --> 00:05:00,240 Speaker 2: the Bloomberg Business Up 100 00:05:04,800 --> 00:05:04,840 Speaker 1: H