Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.
Speaker 2: This is the closing bell on the stock Movers report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim stenovek Romain Bostik, and Katie Greyfell. Hey,
Speaker 2: let me go.
Speaker 3: To some of the individual gainers. I'm sure you guys
Speaker 3: talked about it. YMS and HER's Health and Novo Nordisks
Speaker 3: HIMS and hers Health biggest move that we've seen most
Speaker 3: ever in fact inter day and I'm assuming here at
Speaker 3: the close up about forty almost forty one percent. This
Speaker 3: happening after Nova Nordisks was said to have ended its
Speaker 3: public feud, with the company ending litigation with an agreement
Speaker 3: to actually sell its weight loss drugs on the hymns platform.
Speaker 3: So we did see Hyms a big move to the upside.
Speaker 3: Nova Nordisk, which has been struggling as it tries to
Speaker 3: find its way in what has become an increasingly competitive
Speaker 3: JLP one landscape, it too, up about three point one percent,
Speaker 3: so we've got that playing out. Also, kind of staying
Speaker 3: in the drugs and biotech space, a lot of movement
Speaker 3: in the area for some companies, and some of it
Speaker 3: has to do with the head of the FDA's Division
Speaker 3: of Vaccines and Gene Therapies set to leave the agency
Speaker 3: next month. We talked with Bloomberg's Medicin Mueller. This is
Speaker 3: a pretty big deal for some companies in the biotech
Speaker 3: space or the space overall, so capricor therapeutics. It's a
Speaker 3: one point six billion dollar market cap, clinical stage biotech.
Speaker 3: It's working on biological therapies. That one was up almost
Speaker 3: ten percent in today's session, has been higher all day.
Speaker 3: And then another one regen x Bio, also a clinical
Speaker 3: stage biotech companies small market cap about five hundred and
Speaker 3: forty two million market cap there developing gene therapy products.
Speaker 3: But that one too, the expectation maybe a better and
Speaker 3: some more supportive landscape from the FDA for these kinds
Speaker 3: of companies and the work that they're doing. That one
Speaker 3: was up about twenty percent. And then just quickly, let's
Speaker 3: go on over to Live Nation News for that one.
Speaker 3: The company and its ticket master subsidiary have reached a
Speaker 3: settlement with federal anti trust authorities. According to the Justice Department.
Speaker 3: The agreement announced, but it would reportedly open up parts
Speaker 3: of Live Nation's ticketing armed to third party sellers make
Speaker 3: it easier for other promoters to put on shows that amphitheaters,
Speaker 3: that live nation controls, and you can see that one.
Speaker 3: Whenever you get rid of some litigation overhead overhang, you
Speaker 3: can see it pop to the pside up about six
Speaker 3: point two percent. That's what it's going to add.
Speaker 1: A couple honorable mentions here, just that big movement we saw,
Speaker 1: of course in Lamentum earlier today, along with a vertive
Speaker 1: incoherent of course, going to be added to the S
Speaker 1: and B five hundred at the end of March twenty third.
Speaker 4: Well, let's look up some of the names in the red.
Speaker 4: I mean, this was a day that we ended up
Speaker 4: seeing a bit of reversal in the market, but digging
Speaker 4: into some of the decline.
Speaker 3: You had to scramble to make some changes.
Speaker 4: We did see a lot of changes. I'm squeaking my
Speaker 4: names up until the closing bell, but taking a look
Speaker 4: at Boeing, this is a stock that ended lower by
Speaker 4: about two point six percent on the day. We got
Speaker 4: some headlines crossing the Bloomberg terminal earlier today saying that
Speaker 4: the Iran war has airlines reviewing growth plans as fuel
Speaker 4: costs rise. We heard that some airlines were considering halting
Speaker 4: jet deliveries, which we know when we think about contracts
Speaker 4: with Boeing, a lot of these things are done far out,
Speaker 4: so really just casting some uncertainty here in the market.
Speaker 4: Some airlines were said to also pause leasing and order discussions,
Speaker 4: so you certainly saw that weighing on sentiment here for
Speaker 4: investors of Boeing. But keeping an eye on all the
Speaker 4: implications that we've been seeing in terms of the ongoing
Speaker 4: conflict in the Middle East. Of course, we've got the
Speaker 4: headlines coming out earlier about what the outlook could be
Speaker 4: and how long this actual conflict could last. But there
Speaker 4: were some stocks that of course have exposure to the
Speaker 4: oil space, and taking a look at shares of Uber,
Speaker 4: they ended lower by about one point seven percent, door
Speaker 4: Dash and Focus that went down about one zero point
Speaker 4: four percent at the closing bell. Now, this of course
Speaker 4: is due to the idea that these companies actually have
Speaker 4: exposure to the costs for fuel oil and the idea
Speaker 4: that these all this pressure could really trickle out into
Speaker 4: the consumer and make things more expensive. We know ubers,
Speaker 4: at least here in New York City are already expensive,
Speaker 4: with a lot of these surcharges, but thinking about that
Speaker 4: just actually coming into door Dash and Uber and whether
Speaker 4: or not that could actually weigh on consumers and the
Speaker 4: companies more broadly, and lastly, wrapping things up, I've got
Speaker 4: my eyes on Paramounts Guidance. We know that this is
Speaker 4: a story that's really been evolving day after day. If
Speaker 4: we think about Paramounts Guidance and Warner Brothers Discovery, that
Speaker 4: battle that we saw between Paramounts Guidance and Netflix that
Speaker 4: we know paramount did win here. So we do see
Speaker 4: shares down about six point seven percent on the day.
Speaker 4: This is after ten cents at an intense a best
Speaker 4: several hundred million dollars.
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