Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The.
Speaker 2: Stock Movers report, your roundup of companies making moves in
Speaker 2: the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Let's talk a little stocks on the move today here
Speaker 3: in our studio. To help us do that, as Boomberg
Speaker 3: Use Equities reporter Natalia Kitty Jevich, you brought with us
Speaker 3: three goodies today. Let's start with Novo. Nordis kind of
Speaker 3: a nice day for them.
Speaker 4: Yes, it is a very nice day for the company.
Speaker 4: The tickets. Nvo shares are up by seven point three percent.
Speaker 4: At one point, shares jumped by ten percent, which was
Speaker 4: the biggest jump since August twenty twenty three. Of course,
Speaker 4: it came after the company said that it won an
Speaker 4: approval to sell a pill version of its drug in
Speaker 4: the US. The company will start selling it here starts
Speaker 4: in from January. And analysts were really excited about this news.
Speaker 4: They say it gives the company a really big, you know, tailwind,
Speaker 4: especially as competition kind of is going to be more
Speaker 4: severe for the.
Speaker 3: More lily knock knock, Right, what happened to Lily stock today?
Speaker 3: I think it was actually down a little bit, right.
Speaker 4: I actually did not check, and it is a very
Speaker 4: good question. We're going to check it right now. It
Speaker 4: was logically that the stock would move down, Yes, it
Speaker 4: was relatively flats zero point five percent.
Speaker 3: I would have expected a larger leg down.
Speaker 1: But okay, because they also have their own approval. It's
Speaker 1: just that Novo is the first matter of two year point. Yes,
Speaker 1: having a head start is definitely key, especially in competitive
Speaker 1: areas like this. What about service Now? This is a
Speaker 1: California based enterprise tech company.
Speaker 4: Yes, so the ticker for this one is now. Shares
Speaker 4: are down slightly by one point five percent today. So
Speaker 4: it came after the company reached the deal to buy
Speaker 4: a cyber security startup called Army. This is the deal
Speaker 4: which is valued at seven point seventy five billion dollars.
Speaker 4: Service Now said in a statement that it expects to
Speaker 4: fund this deal through combination of cash and debt and
Speaker 4: the deal is expected to close in the second half
Speaker 4: of twenty twenty six. So why it is important Armies.
Speaker 4: It's a cybersecurity company. It specializes on different threats across
Speaker 4: different industries from starting from medical, financial services, defense, So
Speaker 4: it is a good acquisition for them, and some concerns
Speaker 4: are around of course, every deal for the company, it
Speaker 4: means some kind of stress in terms of financials. But
Speaker 4: some analysts, including Avercore, are saying that free cash flow
Speaker 4: is so strong. For example, in twenty twenty five, it
Speaker 4: is expected to be at around five billion dollars, so
Speaker 4: it's not going to be a huge stress for the company.
Speaker 3: All right, And I love the stung she brought along
Speaker 3: because there's something for everybody here. This one's a big
Speaker 3: one today, Sable Offshore right in big time. I guess
Speaker 3: there was some movement on regulation for this company.
Speaker 4: Yeah, so oil and gas stocks have been so volatile
Speaker 4: it's really hard to find the clear direction for the
Speaker 4: whole sector. It's a stock by stock, company by company basis. Yes,
Speaker 4: as you said, it is a very big move. The
Speaker 4: stock is up by thirty six percent today and it
Speaker 4: came after the US regulator approved the company's pipeline restart plan.
Speaker 4: So they have a pipeline located in California. It's called
Speaker 4: Las Flores and it leaked about three thousand barrels of
Speaker 4: oil along Santa Barbara coastline about a decade ago. So
Speaker 4: it is an important and big, pretty big move for
Speaker 4: the company. And Alys started saying that it is a
Speaker 4: critical step and Sable will be able to sell oil
Speaker 4: as early as in twenty twenty six, which is a
Speaker 4: year ahead of what had been expected previously. And yes,
Speaker 4: it is a pretty big move. However, on a month basis,
Speaker 4: shares are still down by fifty four percent, so we
Speaker 4: will see how it plays out.
Speaker 3: Oh, they're still down even with today's exactly, Even with
Speaker 3: today's rally of thirty six percent. The stock is down
Speaker 3: fifty four percent year today exactly.
Speaker 4: But keep in mind that energy shares, especially across oil sector,
Speaker 4: have been very volatile because oil prices were under pressure
Speaker 4: the entire year, almost the entirely.
Speaker 1: But this is a big development. I love the chart
Speaker 1: in our Bloomberg story that really detailed the volatility of
Speaker 1: SABLE shares. To your point, they're still down this year
Speaker 1: even with a huge pop, but maybe this could change
Speaker 1: things true.
Speaker 4: Maybe.
Speaker 3: Yeah, that's quite the visual though. I mean for those
Speaker 3: of us, I know people hearing us cannot see this visual,
Speaker 3: but I mean you can just see the wild ride
Speaker 3: it's been for Sable Offshore. But it looks like shareholders
Speaker 3: got a little bit of an early Christmas present there,
Speaker 3: I guess with today's news Yeah, anything else that popped
Speaker 3: out to you. I know you just brought along three.
Speaker 3: I don't mean to put you on the spot and
Speaker 3: to tell you, but anything else pop out to you today.
Speaker 4: In terms of single stock movers, I wouldn't say so
Speaker 4: because it's a pretty quiet week. We are now focusing
Speaker 4: on twenty twenty six. We are looking for different IPOs.
Speaker 4: One story that we are working on is how the
Speaker 4: most recent IPO of a medline, this is the biggest
Speaker 4: IPEO this year.
Speaker 3: Do cover that exciting?
Speaker 4: Really saved the entire IPO performance. Really, when we look
Speaker 4: at a weighted average performance of all companies that went
Speaker 4: public in twenty twenty five, so overall this number was
Speaker 4: below the S and P five hundred. But now with
Speaker 4: this medline and we saw this big performance. The company
Speaker 4: is up by fifty percent since it's IPO in about
Speaker 4: a week. It really saved the entire market. It is
Speaker 4: a big story.
Speaker 1: It's so great stat Yeah, you cover everything from strategy
Speaker 1: to IPOs, to hedge fund positioning and to single thoughts.
Speaker 1: It's really been great to see you publish story after
Speaker 1: story this year.
Speaker 3: Thanks, and it's also going to be great to watch
Speaker 3: the IPO market next year because we've got a lot
Speaker 3: of a really robust pipeline, so it'll be.
Speaker 4: Pay sic right, Like I think that would be the biggest.
Speaker 4: It's gonna be.
Speaker 3: Hard to beat it.
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