1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,880 Speaker 2: the stock market. Harnessing the power of Bloomberg Data. 4 00:00:16,760 --> 00:00:18,880 Speaker 3: Let's take a look at some of the stocks on 5 00:00:18,960 --> 00:00:21,200 Speaker 3: the move today. I'm Paul Swingey alongside Norma Linda, and 6 00:00:21,239 --> 00:00:24,360 Speaker 3: we're joined by Bloomberg's Madonna hi Rich. She joins us 7 00:00:24,360 --> 00:00:26,080 Speaker 3: here in a Bloomberg in Actor Broker studio with Dona. 8 00:00:26,120 --> 00:00:26,880 Speaker 3: What are you looking at today? 9 00:00:26,960 --> 00:00:29,320 Speaker 1: I'm taking a look at some of the cannabis producers, 10 00:00:29,600 --> 00:00:32,720 Speaker 1: obviously one of the big stories this week, but a 11 00:00:32,760 --> 00:00:37,800 Speaker 1: bunch are rising again today after Monday's pretty big day. 12 00:00:38,680 --> 00:00:41,760 Speaker 1: And I was taking a look at Tilray Brand's tlry. 13 00:00:42,080 --> 00:00:45,239 Speaker 1: It's up some nine percent after a forty two percent 14 00:00:45,320 --> 00:00:50,560 Speaker 1: gain just yesterday. Arara Cannabis, that's Sticker ACB. That's plus 15 00:00:50,560 --> 00:00:54,080 Speaker 1: one percent today after sixteen percent yesterday. We of course 16 00:00:54,120 --> 00:00:57,800 Speaker 1: know that President Donald Trump said earlier this week and 17 00:00:58,080 --> 00:01:00,920 Speaker 1: has made some comments in the last couple of days 18 00:01:01,000 --> 00:01:03,200 Speaker 1: or over the last couple of days where he was 19 00:01:03,240 --> 00:01:06,160 Speaker 1: said he said he was considering reclassifying marijuana as a 20 00:01:06,240 --> 00:01:09,520 Speaker 1: less dangerous drug. So that's sending shares up much higher. 21 00:01:09,720 --> 00:01:12,640 Speaker 1: There's an ETF I was also tracking MSOs and that 22 00:01:12,760 --> 00:01:17,039 Speaker 1: got some a small inflow, some twenty million dollars in 23 00:01:17,160 --> 00:01:19,119 Speaker 1: Monday session because of this news. 24 00:01:19,160 --> 00:01:23,160 Speaker 3: Wow, we're talking and Kensha covers it for Bloomberg Intelligence 25 00:01:23,200 --> 00:01:25,319 Speaker 3: and he was like, I don't think this is gonna happen, right. 26 00:01:25,360 --> 00:01:27,959 Speaker 3: He was kind of saying, there's a long way before 27 00:01:28,000 --> 00:01:30,000 Speaker 3: we get any federal help here. So much between that 28 00:01:30,120 --> 00:01:32,120 Speaker 3: and he was even saying these companies were thinking about 29 00:01:32,160 --> 00:01:34,440 Speaker 3: just selling assets and you know, kind of get getting 30 00:01:34,480 --> 00:01:34,840 Speaker 3: out of the game. 31 00:01:34,880 --> 00:01:37,560 Speaker 1: Definitely a beaten down sector. But some of the but 32 00:01:37,640 --> 00:01:40,880 Speaker 1: some of the ETF tickers are actually really fun to track. 33 00:01:41,640 --> 00:01:45,760 Speaker 1: There's ticker MJ and there's ticker toke so tk, so 34 00:01:45,959 --> 00:01:47,480 Speaker 1: really really good tickers. 35 00:01:47,720 --> 00:01:48,440 Speaker 2: I love that. 36 00:01:48,760 --> 00:01:49,880 Speaker 3: What else are you keeping an eye on? 37 00:01:49,920 --> 00:01:51,560 Speaker 2: I see Guilden Activewear. 38 00:01:51,840 --> 00:01:54,560 Speaker 1: Yeah, that's a Canadian company, but it's said to be 39 00:01:54,560 --> 00:01:59,120 Speaker 1: in advanced talks to buy us underwear maker should I 40 00:01:59,160 --> 00:02:03,920 Speaker 1: Whisper Underwear, Haines Brand ticket taker HBI. So we had 41 00:02:04,000 --> 00:02:08,120 Speaker 1: the Financial Times initially reporting this, but Haines Brand shares 42 00:02:08,160 --> 00:02:12,280 Speaker 1: are up twenty eight percent as we're speaking in today's 43 00:02:12,280 --> 00:02:17,120 Speaker 1: trading following this News shares had lost some forty percent 44 00:02:18,080 --> 00:02:21,080 Speaker 1: this year through Monday, so big day for Haines Brand 45 00:02:21,400 --> 00:02:22,079 Speaker 1: most definitely. 46 00:02:22,120 --> 00:02:25,120 Speaker 3: I mean, we're seeing those shares really in focus today, 47 00:02:25,120 --> 00:02:27,680 Speaker 3: but you're also keeping an eye on Intel. What's going 48 00:02:27,720 --> 00:02:28,240 Speaker 3: on this week. 49 00:02:28,240 --> 00:02:31,080 Speaker 1: It's always in the news. There's something new about Intel 50 00:02:31,160 --> 00:02:35,280 Speaker 1: every day these days. But shares of Intel that's ticker 51 00:02:35,320 --> 00:02:39,400 Speaker 1: I in TC up three percent today as we're speaking, 52 00:02:39,440 --> 00:02:42,520 Speaker 1: and that's after President Trump said his meeting with the 53 00:02:42,560 --> 00:02:46,920 Speaker 1: company's CEO CEO Tan was a very interesting one, so 54 00:02:47,040 --> 00:02:50,359 Speaker 1: quote unquote, very interesting one. And the President also said 55 00:02:50,400 --> 00:02:53,280 Speaker 1: that members of his cabinet would continue discussions with Intel 56 00:02:53,360 --> 00:02:56,160 Speaker 1: CEO in the coming days. Intel put out a statement 57 00:02:56,320 --> 00:02:59,840 Speaker 1: saying something along those lines as well, you know, commitment 58 00:02:59,880 --> 00:03:03,799 Speaker 1: to strengthening used technology and manufacturing leadership, that type of thing. 59 00:03:03,919 --> 00:03:08,480 Speaker 1: But these remarks are a stark reversal from just days 60 00:03:08,520 --> 00:03:13,480 Speaker 1: earlier when the President called for CEO Tan's resignation and 61 00:03:13,520 --> 00:03:15,959 Speaker 1: accused him of having conflicts of interest. So lots of 62 00:03:16,000 --> 00:03:18,799 Speaker 1: people obviously paying attention to this one. 63 00:03:20,000 --> 00:03:24,040 Speaker 2: This stock mover's report from Bloomberg Radio. 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