Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market.
Speaker 1: Harnessing the power of Bloomberg data, take a look at
Speaker 1: some of the stocks that are on the move today.
Speaker 1: We can do that with Bloomberg's normal nd it nor
Speaker 1: what are you looking at?
Speaker 2: Well, let's look through one of the biggest stories of
Speaker 2: the day. We did see that Novo Nordists want approval
Speaker 2: to sell a pill version of its OBCD shot with
Speaker 2: GOVI in the United States. So this of course should
Speaker 2: help people lose weight or maintain their previous weight loss
Speaker 2: over the long term. But this is really an edge
Speaker 2: up against Eli Lay, its competitor, because it's essentially giving
Speaker 2: it a head start because Eli laly said that its
Speaker 2: own oral OBCD drug could be approved by March, so
Speaker 2: this is getting in a bit earlier. You're seeing shares
Speaker 2: of Novo Nordist take her envy O reflecting that we
Speaker 2: see shares up as much as eleven percent, not pairing
Speaker 2: up about eight and a half percent. But this is
Speaker 2: the biggest jump since January on a single day basis. Yeah,
Speaker 2: definitely big news for Nova Nordisk.
Speaker 1: Seeing the healthcare space.
Speaker 2: Yeah, I'm also looking at shares of Johnson and Johnson.
Speaker 2: That's ticker Jay and Jay. We're seeing shares that are
Speaker 2: down just a smidge, about six tenths of a percent.
Speaker 2: This is after the company was ordered to pay about
Speaker 2: one point five six billion dollars to a marilynd woman
Speaker 2: who blamed the company's talk based baby powder for causing
Speaker 2: her asbestos linked cancer. So we are hearing from researchers
Speaker 2: that they have linked asbestos to mesothelioma, and jurors did
Speaker 2: find that Jay and Jay and two of its units
Speaker 2: and its spinoff Kenview were liable for failing to warn
Speaker 2: the woman of its baby powder being tainted with asbestos.
Speaker 2: So you are seeing shares citing just a touch off of.
Speaker 1: The news Service now little M and a.
Speaker 2: Yeah, a little M and A action here on this
Speaker 2: What is this Tuesday? Hey, we did see the Service
Speaker 2: now This is ticker inow. It reached a deal to
Speaker 2: buy the cybersecurity startup Armis. The deal was valued at
Speaker 2: about seven point seventy five billion dollars. This is its
Speaker 2: largest acquisition to date for the company. So Service Now
Speaker 2: will pay in cash for Armis, expects to fund the
Speaker 2: transaction combo of cash on hand and debt. They said
Speaker 2: that the deal should close in about the second half
Speaker 2: of twenty twenty six. We did see shares of the
Speaker 2: service now those sliding as much as two point nine
Speaker 2: percent earlier. Now it's down about two point three percent
Speaker 2: as we speak.
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