1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,400 Speaker 1: your roundup of companies making moves in the stock market. 3 00:00:13,680 --> 00:00:17,160 Speaker 1: Harnessing the power of Bloomberg data, take a look at 4 00:00:17,160 --> 00:00:19,000 Speaker 1: some of the stocks that are on the move today. 5 00:00:19,040 --> 00:00:21,400 Speaker 1: We can do that with Bloomberg's normal nd it nor 6 00:00:21,440 --> 00:00:22,040 Speaker 1: what are you looking at? 7 00:00:22,200 --> 00:00:23,799 Speaker 2: Well, let's look through one of the biggest stories of 8 00:00:23,800 --> 00:00:26,000 Speaker 2: the day. We did see that Novo Nordists want approval 9 00:00:26,040 --> 00:00:28,240 Speaker 2: to sell a pill version of its OBCD shot with 10 00:00:28,320 --> 00:00:30,960 Speaker 2: GOVI in the United States. So this of course should 11 00:00:30,960 --> 00:00:34,080 Speaker 2: help people lose weight or maintain their previous weight loss 12 00:00:34,080 --> 00:00:36,040 Speaker 2: over the long term. But this is really an edge 13 00:00:36,120 --> 00:00:39,560 Speaker 2: up against Eli Lay, its competitor, because it's essentially giving 14 00:00:39,560 --> 00:00:42,280 Speaker 2: it a head start because Eli laly said that its 15 00:00:42,280 --> 00:00:44,960 Speaker 2: own oral OBCD drug could be approved by March, so 16 00:00:45,040 --> 00:00:47,080 Speaker 2: this is getting in a bit earlier. You're seeing shares 17 00:00:47,360 --> 00:00:49,800 Speaker 2: of Novo Nordist take her envy O reflecting that we 18 00:00:50,040 --> 00:00:52,800 Speaker 2: see shares up as much as eleven percent, not pairing 19 00:00:52,840 --> 00:00:54,760 Speaker 2: up about eight and a half percent. But this is 20 00:00:54,800 --> 00:00:58,040 Speaker 2: the biggest jump since January on a single day basis. Yeah, 21 00:00:58,040 --> 00:00:59,640 Speaker 2: definitely big news for Nova Nordisk. 22 00:01:00,080 --> 00:01:01,000 Speaker 1: Seeing the healthcare space. 23 00:01:01,160 --> 00:01:03,840 Speaker 2: Yeah, I'm also looking at shares of Johnson and Johnson. 24 00:01:03,840 --> 00:01:06,479 Speaker 2: That's ticker Jay and Jay. We're seeing shares that are 25 00:01:06,480 --> 00:01:09,200 Speaker 2: down just a smidge, about six tenths of a percent. 26 00:01:09,520 --> 00:01:11,720 Speaker 2: This is after the company was ordered to pay about 27 00:01:11,720 --> 00:01:14,640 Speaker 2: one point five six billion dollars to a marilynd woman 28 00:01:14,680 --> 00:01:17,920 Speaker 2: who blamed the company's talk based baby powder for causing 29 00:01:17,959 --> 00:01:21,720 Speaker 2: her asbestos linked cancer. So we are hearing from researchers 30 00:01:21,720 --> 00:01:25,600 Speaker 2: that they have linked asbestos to mesothelioma, and jurors did 31 00:01:25,600 --> 00:01:27,679 Speaker 2: find that Jay and Jay and two of its units 32 00:01:27,680 --> 00:01:30,840 Speaker 2: and its spinoff Kenview were liable for failing to warn 33 00:01:30,959 --> 00:01:34,319 Speaker 2: the woman of its baby powder being tainted with asbestos. 34 00:01:34,319 --> 00:01:37,240 Speaker 2: So you are seeing shares citing just a touch off of. 35 00:01:37,200 --> 00:01:39,560 Speaker 1: The news Service now little M and a. 36 00:01:39,720 --> 00:01:41,959 Speaker 2: Yeah, a little M and A action here on this 37 00:01:42,000 --> 00:01:45,400 Speaker 2: What is this Tuesday? Hey, we did see the Service 38 00:01:45,440 --> 00:01:47,800 Speaker 2: now This is ticker inow. It reached a deal to 39 00:01:47,800 --> 00:01:50,840 Speaker 2: buy the cybersecurity startup Armis. The deal was valued at 40 00:01:50,880 --> 00:01:53,440 Speaker 2: about seven point seventy five billion dollars. This is its 41 00:01:53,520 --> 00:01:56,600 Speaker 2: largest acquisition to date for the company. So Service Now 42 00:01:56,640 --> 00:01:59,320 Speaker 2: will pay in cash for Armis, expects to fund the 43 00:01:59,360 --> 00:02:02,840 Speaker 2: transaction combo of cash on hand and debt. They said 44 00:02:02,840 --> 00:02:04,960 Speaker 2: that the deal should close in about the second half 45 00:02:05,000 --> 00:02:07,280 Speaker 2: of twenty twenty six. We did see shares of the 46 00:02:07,520 --> 00:02:09,799 Speaker 2: service now those sliding as much as two point nine 47 00:02:09,800 --> 00:02:12,360 Speaker 2: percent earlier. Now it's down about two point three percent 48 00:02:12,400 --> 00:02:12,959 Speaker 2: as we speak. 49 00:02:14,280 --> 00:02:18,520 Speaker 1: The Stockmovers report from Bloomberg Radio. 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