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Speaker 1: I'm Tom Keen introducing you to the new Stock Movers

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Speaker 1: podcast from Bloomberg. The show brings you short episodes five

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Speaker 1: minutes or less, covering the stocks making gains and losses

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Speaker 1: in today's training. Subscribe to Stock Movers on Apple, on Spotify,

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Speaker 1: or anywhere you get your podcasts. Now. Here's a sample

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Speaker 1: of the latest episode from our team at Bloomberg.

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Speaker 2: Bloomberg Audio Studios, Podcasts, radio News.

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Speaker 3: The Stock Movers podcast your roundup of companies making moves

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Speaker 3: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 2: Well, let's take a look at some of the stocks

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Speaker 2: on the move today with us as Bloomberg News Cross

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Speaker 2: Asset reporter Emily Graffe. Oh, she's here in our Bloomberg

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Speaker 2: BusinessWeek a studio. What is on your radar today, Emily?

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Speaker 4: Okay. So it's definitely a more rotational type of day

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Speaker 4: because when you look at the sector level, who were staples, Utilities, energies,

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Speaker 4: those are the sectors that are outperforming, whereas infotech is

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Speaker 4: one of the worst performers in the SP five hundred.

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Speaker 4: When you look under the hood, I'm watching Maderna, it's

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Speaker 4: down over seven percent to the lowest level since March

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Speaker 4: twenty twenty, which is never a good no.

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Speaker 2: I remember, and that was for the news that you know,

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Speaker 2: you got one of the shots working for the COVID.

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Speaker 4: Vaccine right right, So that stock is down thirty percent

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Speaker 4: year to date. Specifically today, we have a number of

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Speaker 4: vaccine makers falling after a top regulator at the USFDA left,

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Speaker 4: which is I guess casting uncertainty about the future of vaccines,

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Speaker 4: the future of regulation. The regulator was Peter Marx, and

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Speaker 4: he was overseeing the review and approval of vaccines and

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Speaker 4: other medications. He actually cited friction with the views of

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Speaker 4: Robert F. Kennedy Junior. Wall Street is saying this is

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Speaker 4: kind of grading uncertainty and it's a significant negative for

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Speaker 4: biotech and biopharma at least according to BMO Capital Markets.

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Speaker 4: Those analysts said in the notes were positive on the

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Speaker 4: confirmation of this new FDA commissioner, but politicization of the

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Speaker 4: FDA runs counter to the agency's mission. But the stock

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Speaker 4: is down a lot, maybe a little bit of just

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Speaker 4: again fear and uncertainty about this regime change at the FDA.

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Speaker 5: Interesting in biotechs and looking at the spider s and

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Speaker 5: p biotech ETF down about four percent. So, I mean,

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Speaker 5: Maderna really taking it on the chin. But it's the

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Speaker 5: group overall, right, a little bit nervous.

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Speaker 4: Yeah, that's right. I'm also watching shares of Celsius Holdings,

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Speaker 4: the energy drink maker, going in the other direction, going

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Speaker 4: in the other direction. So right now it's up about

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Speaker 4: seven percent, called six percent highest. It did hit its

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Speaker 4: highest level since September though, after an upgrade from Truerst Securities.

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Speaker 4: Their rationale for this was this caught my eye, So

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Speaker 4: they said they upgraded the stock from buy to hold,

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Speaker 4: saying that the company is now going to have a

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Speaker 4: stronger position in the women's segment of the energy drink category.

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Speaker 5: Why are you looking at me?

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Speaker 3: I don't know.

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Speaker 4: I don't know.

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Speaker 3: I mean you're a woman, I'm a woman.

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Speaker 2: Do you drink this stuff? I just wonder.

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Speaker 4: So they acquired a Lani new which is an energy

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Speaker 4: drink brand. I never heard of it. I googled it.

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Speaker 4: The cans are pink. They had partnered with Kim Kardashian

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Speaker 4: a couple of years ago.

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Speaker 5: Will be that easy that just because it's a pink can,

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Speaker 5: we're going to drink it. I'm just going to.

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Speaker 3: Tell you no.

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Speaker 4: Yeah, I don't know. Anyway, though the stock is higher,

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Speaker 4: and it seems like this upgrade in this Wall Street

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Speaker 4: note is the reason why, or there's you know, some

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Speaker 4: correlation here but.

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Speaker 5: Extent really well, this year, that's like thirty five percent.

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Speaker 4: A lot of people drink Celsius. I mean I see

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Speaker 4: men and women. I don't, but like I see every

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Speaker 4: flavor at my local bodega, and I do see both

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Speaker 4: people drinking, men and women drink.

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Speaker 2: Okay, this year you said what thirty something thirty five

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Speaker 2: percent down fifty Last year that said that said it

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Speaker 2: was up fifty seven, twenty three, thirty nine percent in

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Speaker 2: twenty two, and then you go back to twenty two

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Speaker 2: twenty it was up close at nine hunty percent.

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Speaker 4: So yeah, this is like a I mean, I guess

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Speaker 4: if you're trying to make a new energy drink brand,

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Speaker 4: the legacy ones, Red Bull Monster, I mean they are

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Speaker 4: pretty masculine, so.

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Speaker 5: You're branching out, right, they're branching out. Yes, stock I

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Speaker 5: should say is almost twenty percent or twenty percent of

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Speaker 5: the float is shorted, so there's you know, there's some

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Speaker 5: negative tone there.

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Speaker 2: I know there is an IPO on your Radar Today.

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Speaker 4: Okay, news Max, I can't like not bring this up

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Speaker 4: because the stock has skyrocketed. This company IPO today moved

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Speaker 4: as much as six hundred eighty three percent higher in

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Speaker 4: the debut session. This is a conservative media outlet. People

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Speaker 4: want the shares. I guess it's it's reached a good

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Speaker 4: today IPO. Well, it's I mean, it's kind of hard

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Speaker 4: to deal. At least if you look at Bloomberg News's coverage,

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Speaker 4: there could be some retail buying in the stock. It

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Speaker 4: has kind of been moving around though it was halted

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Speaker 4: for trading for volatility, Yeah, which is what you would

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Speaker 4: expect if a stock moves up over six hundred percent.

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Speaker 5: I mean I did at ten right, opened at fourteen,

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Speaker 5: and it's now at sixty six and change. It's it's

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Speaker 5: really kind of interesting to track on the Bloomberg right

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Speaker 5: because it's kind of this when.

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Speaker 2: It's seventy eight dollars.

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Speaker 5: It's pretty wild dollar marketing right now.

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Speaker 2: So so you know, the message I think maybe for

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Speaker 2: the folks who did this IPO is there was so

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Speaker 2: much demand, maybe they left some money on the table

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Speaker 2: pricing it.

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Speaker 4: Could have priced it higher if you look at what

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Speaker 4: Bloomberg's Bailey lip Schultz has written today he's our IPO reporter.

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Speaker 4: He said, individual investors appear to be pushing into the stock.

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Speaker 4: The company is among the thirty most actively traded on

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Speaker 4: Fidelities platform, which is one of the biggest brokerages for

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Speaker 4: retail clients.

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Speaker 5: And I don't think it's making any money. I guess

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Speaker 5: we'll have to wait and see our mania for a

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Speaker 5: loss making cable public company. Yeah right, so we'll wait.

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Speaker 5: So that first earnings is that firstly interesting?

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Speaker 2: Everyone knows media is that it's a business.

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Speaker 3: Of course, look at us, a.

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Speaker 5: Good bunch of stocks. Thank you so much, really appreciate it.

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Speaker 5: Bloomberg News crossouse At reporter Emily.

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Speaker 3: Graffeo the Stock Movers podcast from Bloomberg Radio. Check back

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Speaker 3: with us throughout the day for the latest roundup of

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Speaker 3: companies making news on Wall Street and for the latest

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Speaker 3: market moving headlines. Listen to Bloomberg Radio Live, catch us

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