WEBVTT - Closing Bell: HIMS Surges, Uber & DoorDash Sinks, Paramount Drops

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News.

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<v Speaker 2>This is the closing bell on the stock Movers report

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<v Speaker 2>the company's making moves at the close of US trading

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<v Speaker 2>with Carol Masser, Tim stenovek Romain Bostik, and Katie Greyfell. Hey,

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<v Speaker 2>let me go.

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<v Speaker 3>To some of the individual gainers. I'm sure you guys

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<v Speaker 3>talked about it. YMS and HER's Health and Novo Nordisks

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<v Speaker 3>HIMS and hers Health biggest move that we've seen most

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<v Speaker 3>ever in fact inter day and I'm assuming here at

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<v Speaker 3>the close up about forty almost forty one percent. This

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<v Speaker 3>happening after Nova Nordisks was said to have ended its

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<v Speaker 3>public feud, with the company ending litigation with an agreement

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<v Speaker 3>to actually sell its weight loss drugs on the hymns platform.

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<v Speaker 3>So we did see Hyms a big move to the upside.

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<v Speaker 3>Nova Nordisk, which has been struggling as it tries to

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<v Speaker 3>find its way in what has become an increasingly competitive

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<v Speaker 3>JLP one landscape, it too, up about three point one percent,

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<v Speaker 3>so we've got that playing out. Also, kind of staying

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<v Speaker 3>in the drugs and biotech space, a lot of movement

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<v Speaker 3>in the area for some companies, and some of it

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<v Speaker 3>has to do with the head of the FDA's Division

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<v Speaker 3>of Vaccines and Gene Therapies set to leave the agency

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<v Speaker 3>next month. We talked with Bloomberg's Medicin Mueller. This is

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<v Speaker 3>a pretty big deal for some companies in the biotech

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<v Speaker 3>space or the space overall, so capricor therapeutics. It's a

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<v Speaker 3>one point six billion dollar market cap, clinical stage biotech.

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<v Speaker 3>It's working on biological therapies. That one was up almost

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<v Speaker 3>ten percent in today's session, has been higher all day.

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<v Speaker 3>And then another one regen x Bio, also a clinical

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<v Speaker 3>stage biotech companies small market cap about five hundred and

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<v Speaker 3>forty two million market cap there developing gene therapy products.

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<v Speaker 3>But that one too, the expectation maybe a better and

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<v Speaker 3>some more supportive landscape from the FDA for these kinds

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<v Speaker 3>of companies and the work that they're doing. That one

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<v Speaker 3>was up about twenty percent. And then just quickly, let's

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<v Speaker 3>go on over to Live Nation News for that one.

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<v Speaker 3>The company and its ticket master subsidiary have reached a

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<v Speaker 3>settlement with federal anti trust authorities. According to the Justice Department.

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<v Speaker 3>The agreement announced, but it would reportedly open up parts

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<v Speaker 3>of Live Nation's ticketing armed to third party sellers make

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<v Speaker 3>it easier for other promoters to put on shows that amphitheaters,

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<v Speaker 3>that live nation controls, and you can see that one.

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<v Speaker 3>Whenever you get rid of some litigation overhead overhang, you

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<v Speaker 3>can see it pop to the pside up about six

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<v Speaker 3>point two percent. That's what it's going to add.

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<v Speaker 1>A couple honorable mentions here, just that big movement we saw,

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<v Speaker 1>of course in Lamentum earlier today, along with a vertive

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<v Speaker 1>incoherent of course, going to be added to the S

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<v Speaker 1>and B five hundred at the end of March twenty third.

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<v Speaker 4>Well, let's look up some of the names in the red.

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<v Speaker 4>I mean, this was a day that we ended up

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<v Speaker 4>seeing a bit of reversal in the market, but digging

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<v Speaker 4>into some of the decline.

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<v Speaker 3>You had to scramble to make some changes.

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<v Speaker 4>We did see a lot of changes. I'm squeaking my

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<v Speaker 4>names up until the closing bell, but taking a look

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<v Speaker 4>at Boeing, this is a stock that ended lower by

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<v Speaker 4>about two point six percent on the day. We got

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<v Speaker 4>some headlines crossing the Bloomberg terminal earlier today saying that

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<v Speaker 4>the Iran war has airlines reviewing growth plans as fuel

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<v Speaker 4>costs rise. We heard that some airlines were considering halting

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<v Speaker 4>jet deliveries, which we know when we think about contracts

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<v Speaker 4>with Boeing, a lot of these things are done far out,

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<v Speaker 4>so really just casting some uncertainty here in the market.

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<v Speaker 4>Some airlines were said to also pause leasing and order discussions,

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<v Speaker 4>so you certainly saw that weighing on sentiment here for

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<v Speaker 4>investors of Boeing. But keeping an eye on all the

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<v Speaker 4>implications that we've been seeing in terms of the ongoing

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<v Speaker 4>conflict in the Middle East. Of course, we've got the

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<v Speaker 4>headlines coming out earlier about what the outlook could be

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<v Speaker 4>and how long this actual conflict could last. But there

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<v Speaker 4>were some stocks that of course have exposure to the

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<v Speaker 4>oil space, and taking a look at shares of Uber,

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<v Speaker 4>they ended lower by about one point seven percent, door

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<v Speaker 4>Dash and Focus that went down about one zero point

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<v Speaker 4>four percent at the closing bell. Now, this of course

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<v Speaker 4>is due to the idea that these companies actually have

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<v Speaker 4>exposure to the costs for fuel oil and the idea

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<v Speaker 4>that these all this pressure could really trickle out into

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<v Speaker 4>the consumer and make things more expensive. We know ubers,

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<v Speaker 4>at least here in New York City are already expensive,

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<v Speaker 4>with a lot of these surcharges, but thinking about that

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<v Speaker 4>just actually coming into door Dash and Uber and whether

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<v Speaker 4>or not that could actually weigh on consumers and the

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<v Speaker 4>companies more broadly, and lastly, wrapping things up, I've got

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<v Speaker 4>my eyes on Paramounts Guidance. We know that this is

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<v Speaker 4>a story that's really been evolving day after day. If

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<v Speaker 4>we think about Paramounts Guidance and Warner Brothers Discovery, that

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<v Speaker 4>battle that we saw between Paramounts Guidance and Netflix that

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<v Speaker 4>we know paramount did win here. So we do see

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<v Speaker 4>shares down about six point seven percent on the day.

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<v Speaker 4>This is after ten cents at an intense a best

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<v Speaker 4>several hundred million dollars.

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<v Speaker 2>The Stock Movers Report from Bloomberg Radio. Check back with

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<v Speaker 2>moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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<v Speaker 1>H