WEBVTT - Novo Nordisk Rallies, ServiceNow Dips, Sable Rises

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The.

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<v Speaker 2>Stock Movers report, your roundup of companies making moves in

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<v Speaker 2>the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>Let's talk a little stocks on the move today here

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<v Speaker 3>in our studio. To help us do that, as Boomberg

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<v Speaker 3>Use Equities reporter Natalia Kitty Jevich, you brought with us

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<v Speaker 3>three goodies today. Let's start with Novo. Nordis kind of

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<v Speaker 3>a nice day for them.

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<v Speaker 4>Yes, it is a very nice day for the company.

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<v Speaker 4>The tickets. Nvo shares are up by seven point three percent.

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<v Speaker 4>At one point, shares jumped by ten percent, which was

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<v Speaker 4>the biggest jump since August twenty twenty three. Of course,

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<v Speaker 4>it came after the company said that it won an

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<v Speaker 4>approval to sell a pill version of its drug in

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<v Speaker 4>the US. The company will start selling it here starts

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<v Speaker 4>in from January. And analysts were really excited about this news.

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<v Speaker 4>They say it gives the company a really big, you know, tailwind,

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<v Speaker 4>especially as competition kind of is going to be more

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<v Speaker 4>severe for the.

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<v Speaker 3>More lily knock knock, Right, what happened to Lily stock today?

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<v Speaker 3>I think it was actually down a little bit, right.

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<v Speaker 4>I actually did not check, and it is a very

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<v Speaker 4>good question. We're going to check it right now. It

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<v Speaker 4>was logically that the stock would move down, Yes, it

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<v Speaker 4>was relatively flats zero point five percent.

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<v Speaker 3>I would have expected a larger leg down.

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<v Speaker 1>But okay, because they also have their own approval. It's

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<v Speaker 1>just that Novo is the first matter of two year point. Yes,

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<v Speaker 1>having a head start is definitely key, especially in competitive

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<v Speaker 1>areas like this. What about service Now? This is a

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<v Speaker 1>California based enterprise tech company.

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<v Speaker 4>Yes, so the ticker for this one is now. Shares

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<v Speaker 4>are down slightly by one point five percent today. So

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<v Speaker 4>it came after the company reached the deal to buy

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<v Speaker 4>a cyber security startup called Army. This is the deal

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<v Speaker 4>which is valued at seven point seventy five billion dollars.

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<v Speaker 4>Service Now said in a statement that it expects to

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<v Speaker 4>fund this deal through combination of cash and debt and

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<v Speaker 4>the deal is expected to close in the second half

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<v Speaker 4>of twenty twenty six. So why it is important Armies.

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<v Speaker 4>It's a cybersecurity company. It specializes on different threats across

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<v Speaker 4>different industries from starting from medical, financial services, defense, So

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<v Speaker 4>it is a good acquisition for them, and some concerns

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<v Speaker 4>are around of course, every deal for the company, it

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<v Speaker 4>means some kind of stress in terms of financials. But

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<v Speaker 4>some analysts, including Avercore, are saying that free cash flow

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<v Speaker 4>is so strong. For example, in twenty twenty five, it

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<v Speaker 4>is expected to be at around five billion dollars, so

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<v Speaker 4>it's not going to be a huge stress for the company.

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<v Speaker 3>All right, And I love the stung she brought along

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<v Speaker 3>because there's something for everybody here. This one's a big

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<v Speaker 3>one today, Sable Offshore right in big time. I guess

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<v Speaker 3>there was some movement on regulation for this company.

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<v Speaker 4>Yeah, so oil and gas stocks have been so volatile

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<v Speaker 4>it's really hard to find the clear direction for the

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<v Speaker 4>whole sector. It's a stock by stock, company by company basis. Yes,

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<v Speaker 4>as you said, it is a very big move. The

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<v Speaker 4>stock is up by thirty six percent today and it

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<v Speaker 4>came after the US regulator approved the company's pipeline restart plan.

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<v Speaker 4>So they have a pipeline located in California. It's called

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<v Speaker 4>Las Flores and it leaked about three thousand barrels of

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<v Speaker 4>oil along Santa Barbara coastline about a decade ago. So

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<v Speaker 4>it is an important and big, pretty big move for

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<v Speaker 4>the company. And Alys started saying that it is a

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<v Speaker 4>critical step and Sable will be able to sell oil

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<v Speaker 4>as early as in twenty twenty six, which is a

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<v Speaker 4>year ahead of what had been expected previously. And yes,

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<v Speaker 4>it is a pretty big move. However, on a month basis,

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<v Speaker 4>shares are still down by fifty four percent, so we

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<v Speaker 4>will see how it plays out.

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<v Speaker 3>Oh, they're still down even with today's exactly, Even with

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<v Speaker 3>today's rally of thirty six percent. The stock is down

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<v Speaker 3>fifty four percent year today exactly.

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<v Speaker 4>But keep in mind that energy shares, especially across oil sector,

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<v Speaker 4>have been very volatile because oil prices were under pressure

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<v Speaker 4>the entire year, almost the entirely.

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<v Speaker 1>But this is a big development. I love the chart

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<v Speaker 1>in our Bloomberg story that really detailed the volatility of

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<v Speaker 1>SABLE shares. To your point, they're still down this year

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<v Speaker 1>even with a huge pop, but maybe this could change

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<v Speaker 1>things true.

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<v Speaker 4>Maybe.

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<v Speaker 3>Yeah, that's quite the visual though. I mean for those

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<v Speaker 3>of us, I know people hearing us cannot see this visual,

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<v Speaker 3>but I mean you can just see the wild ride

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<v Speaker 3>it's been for Sable Offshore. But it looks like shareholders

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<v Speaker 3>got a little bit of an early Christmas present there,

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<v Speaker 3>I guess with today's news Yeah, anything else that popped

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<v Speaker 3>out to you. I know you just brought along three.

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<v Speaker 3>I don't mean to put you on the spot and

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<v Speaker 3>to tell you, but anything else pop out to you today.

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<v Speaker 4>In terms of single stock movers, I wouldn't say so

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<v Speaker 4>because it's a pretty quiet week. We are now focusing

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<v Speaker 4>on twenty twenty six. We are looking for different IPOs.

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<v Speaker 4>One story that we are working on is how the

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<v Speaker 4>most recent IPO of a medline, this is the biggest

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<v Speaker 4>IPEO this year.

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<v Speaker 3>Do cover that exciting?

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<v Speaker 4>Really saved the entire IPO performance. Really, when we look

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<v Speaker 4>at a weighted average performance of all companies that went

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<v Speaker 4>public in twenty twenty five, so overall this number was

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<v Speaker 4>below the S and P five hundred. But now with

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<v Speaker 4>this medline and we saw this big performance. The company

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<v Speaker 4>is up by fifty percent since it's IPO in about

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<v Speaker 4>a week. It really saved the entire market. It is

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<v Speaker 4>a big story.

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<v Speaker 1>It's so great stat Yeah, you cover everything from strategy

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<v Speaker 1>to IPOs, to hedge fund positioning and to single thoughts.

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<v Speaker 1>It's really been great to see you publish story after

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<v Speaker 1>story this year.

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<v Speaker 3>Thanks, and it's also going to be great to watch

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<v Speaker 3>the IPO market next year because we've got a lot

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<v Speaker 3>of a really robust pipeline, so it'll be.

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<v Speaker 4>Pay sic right, Like I think that would be the biggest.

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<v Speaker 4>It's gonna be.

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<v Speaker 3>Hard to beat it.

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<v Speaker 2>The Stockmovers Report from Bloomberg Radio. Check back with us

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<v Speaker 2>throughout the day for the latest roundup of companies making

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<v Speaker 2>news on Wall Street and for the latest market moving headlines.

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