1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. 2 00:00:10,080 --> 00:00:13,520 Speaker 2: This is the closing bell on the stock movers report 3 00:00:13,760 --> 00:00:16,720 Speaker 2: the company's making moves at the close of US trading, 4 00:00:16,880 --> 00:00:21,400 Speaker 2: with Carol Masser, Tim Stenovak, Romain Bostik, and Katie Greifel. 5 00:00:22,520 --> 00:00:24,440 Speaker 3: All Right, so let's go to the number one gainer 6 00:00:24,480 --> 00:00:26,400 Speaker 3: in the S and P five hundred and the Nasdaq 7 00:00:26,440 --> 00:00:30,680 Speaker 3: one hundred. We're talking about app Lovin up about fourteen 8 00:00:30,960 --> 00:00:34,960 Speaker 3: thirteen percent, let's be fair, thirteen percent here in today's session, 9 00:00:35,200 --> 00:00:37,960 Speaker 3: up the most to nearly a year, city saying clients 10 00:00:37,960 --> 00:00:40,320 Speaker 3: are up week over week. They cited some store leads 11 00:00:40,360 --> 00:00:43,720 Speaker 3: data that suggests the app loven has nearly sixty four 12 00:00:43,800 --> 00:00:46,800 Speaker 3: hundred e commerce clients through February six, So that's up 13 00:00:46,800 --> 00:00:49,760 Speaker 3: about three percent from the prior week. I'm thinking probably 14 00:00:49,840 --> 00:00:53,000 Speaker 3: too at play here. Barons was kind of highlighting this. 15 00:00:53,080 --> 00:00:55,920 Speaker 3: A financial publisher and short seller retracted some of its 16 00:00:55,920 --> 00:01:00,880 Speaker 3: most explosive claims regarding app Leven's alleged connections to transnational 17 00:01:00,960 --> 00:01:04,759 Speaker 3: crime syndicates. What Capital Watch don't I don't know. 18 00:01:04,640 --> 00:01:06,240 Speaker 2: What does this company even do? 19 00:01:06,440 --> 00:01:09,200 Speaker 1: I mean, did they name themselves after a character from 20 00:01:09,240 --> 00:01:09,800 Speaker 1: Super Bad? 21 00:01:10,160 --> 00:01:13,760 Speaker 3: Companies Platform matches advertisers with mobile app and game publishers. 22 00:01:13,760 --> 00:01:14,680 Speaker 3: Does that answer the question? 23 00:01:14,840 --> 00:01:18,080 Speaker 2: Absolutely? Two hundred and sixty billion dollar company. 24 00:01:17,880 --> 00:01:19,959 Speaker 3: I know, stockdown more than thirty percent year to date, 25 00:01:20,000 --> 00:01:22,560 Speaker 3: reports earnings on Wednesday after the close. But anyway, so 26 00:01:22,640 --> 00:01:27,399 Speaker 3: this capital watch apparently came out and did retract some 27 00:01:27,480 --> 00:01:29,640 Speaker 3: of these explosive claims. So I don't know. There's a 28 00:01:29,680 --> 00:01:30,200 Speaker 3: lot going on. 29 00:01:30,360 --> 00:01:33,399 Speaker 2: They provide end to end software and AI solutions, software 30 00:01:33,440 --> 00:01:34,520 Speaker 2: solutions solutions. 31 00:01:34,520 --> 00:01:36,440 Speaker 3: All right, well done, team, well done. All right, let's 32 00:01:36,440 --> 00:01:39,119 Speaker 3: go to another name, Oracle. This was a top gainer 33 00:01:39,160 --> 00:01:41,399 Speaker 3: two in the s and P five hundred the stock 34 00:01:42,040 --> 00:01:44,760 Speaker 3: in today's session you can see higher as much as 35 00:01:44,880 --> 00:01:46,959 Speaker 3: almost twelve percent of its highs today up though with 36 00:01:47,000 --> 00:01:49,520 Speaker 3: about a nine point six percent gain at the close. 37 00:01:49,600 --> 00:01:53,000 Speaker 3: Bernstein cut its price target milliast downgrade the stock, but 38 00:01:53,040 --> 00:01:56,320 Speaker 3: everybody focusing on DA Davidson, which upgraded the stock to 39 00:01:56,320 --> 00:02:00,960 Speaker 3: buy from neutral, maintaining the price target or from one eighty? 40 00:02:01,200 --> 00:02:03,400 Speaker 3: Did it actually I think it? No? Did it maintain 41 00:02:03,440 --> 00:02:05,960 Speaker 3: I guess it did from one to eighty. So what's 42 00:02:05,960 --> 00:02:09,079 Speaker 3: interesting is the analyst note saying the fate of the 43 00:02:09,080 --> 00:02:11,600 Speaker 3: stock is heavily tied to open AI and to a 44 00:02:11,639 --> 00:02:14,520 Speaker 3: lesser extent TikTok, but those relationships could pay off, according 45 00:02:14,560 --> 00:02:17,400 Speaker 3: to Da Davidson, So that one was an outperformer and 46 00:02:17,440 --> 00:02:19,160 Speaker 3: then one. I don't know how much you guys were 47 00:02:19,200 --> 00:02:23,120 Speaker 3: talking about this one, but TEGNA rallying after President Donald 48 00:02:23,120 --> 00:02:25,959 Speaker 3: Trump said a proposed acquisition of the firm by TV 49 00:02:26,040 --> 00:02:29,800 Speaker 3: broadcaster Nextdar Media Group. I guess he was kind of 50 00:02:29,800 --> 00:02:33,120 Speaker 3: expressing support for the deal in a post on truth 51 00:02:33,200 --> 00:02:37,040 Speaker 3: Social and so the post said no. Actually, our Geeta 52 00:02:37,120 --> 00:02:39,120 Speaker 3: ringing off on a Bloomberg Intelligence came out and said, 53 00:02:39,240 --> 00:02:42,720 Speaker 3: with President Trump and FCC chair Brendan Carr backing Next 54 00:02:42,760 --> 00:02:45,920 Speaker 3: Star's Tenga deal, there's a greater likelihood of a closing 55 00:02:45,919 --> 00:02:50,200 Speaker 3: this year. Soa tanngna. TEGNA say that five times fast 56 00:02:50,360 --> 00:02:52,200 Speaker 3: up about eight point eight percent today's session. 57 00:02:52,480 --> 00:02:54,800 Speaker 1: Okay, some of the gainers, I got some of the decliners. 58 00:02:54,840 --> 00:02:56,400 Speaker 1: I want to start with him's and hers health. The 59 00:02:56,600 --> 00:02:59,760 Speaker 1: shares fell sixteen percent today. They fell as much as 60 00:02:59,760 --> 00:03:03,079 Speaker 1: twenty nine percent earlier in this session, lowest level going 61 00:03:03,120 --> 00:03:06,800 Speaker 1: all the way back to October of twenty twenty four. 62 00:03:07,200 --> 00:03:09,480 Speaker 1: This is the worst day at the end of the 63 00:03:09,560 --> 00:03:13,080 Speaker 1: day since June twenty third for the company, Novo Nordisk 64 00:03:13,120 --> 00:03:16,400 Speaker 1: said it's suing the company for making knockoffs of its 65 00:03:16,440 --> 00:03:20,000 Speaker 1: OBCD medicines. This even after him scrap plans to sell 66 00:03:20,080 --> 00:03:23,720 Speaker 1: a copycat version of the wee go v pill. Hers 67 00:03:23,720 --> 00:03:26,720 Speaker 1: In a statement on X said quote, Novo Nordisk's lawsuit 68 00:03:26,800 --> 00:03:29,320 Speaker 1: is a blatant attack by a Danish company on millions 69 00:03:29,320 --> 00:03:32,280 Speaker 1: of Americans who rely on compounded medications for access to 70 00:03:32,919 --> 00:03:37,800 Speaker 1: personalized care. All right, let's move on to Kindrel holding shares. 71 00:03:37,840 --> 00:03:40,560 Speaker 1: This is the enterprise tech IBM spinoffs on off back 72 00:03:40,600 --> 00:03:43,960 Speaker 1: in twenty twenty one, a large part of IBM's legacy 73 00:03:44,000 --> 00:03:49,440 Speaker 1: infrastructure services unit. Down fifty five percent today, felt earlier 74 00:03:49,480 --> 00:03:51,080 Speaker 1: in the session, this was the worst day ever. It 75 00:03:51,160 --> 00:03:56,760 Speaker 1: was halted on volatility. This afternoons that Kindrel CFO David 76 00:03:56,880 --> 00:03:59,960 Speaker 1: Weischner had left the position. General Counselor Edward Siebold Dear 77 00:04:00,160 --> 00:04:03,440 Speaker 1: did the post effective immediately. Vinit Girana stepped down as 78 00:04:03,480 --> 00:04:05,840 Speaker 1: senior vice president and global controller of the company and 79 00:04:05,880 --> 00:04:10,520 Speaker 1: moved in a different role. Third quarter results also missed expectations. 80 00:04:10,560 --> 00:04:13,440 Speaker 1: The company lowered it's full year forecast for adjusted IBADA 81 00:04:13,880 --> 00:04:17,240 Speaker 1: and adjusted pre tax profit share shedding more than half 82 00:04:17,480 --> 00:04:22,000 Speaker 1: of their market value just today and finally workday falling 83 00:04:22,040 --> 00:04:24,839 Speaker 1: on the day today, it announced that Aneil Boucerie is 84 00:04:24,880 --> 00:04:28,760 Speaker 1: returning a CEO, replacing Karl Eeschenbach. This after the company 85 00:04:28,760 --> 00:04:31,480 Speaker 1: shares have plummeted over the past year, down five percent. 86 00:04:31,520 --> 00:04:34,080 Speaker 1: Today shares are down more than forty five percent from 87 00:04:34,200 --> 00:04:37,159 Speaker 1: last year, more than fifty percent from those twenty twenty 88 00:04:37,200 --> 00:04:40,720 Speaker 1: four highs. This change effective immediately. Eeschenbach is stepping down 89 00:04:41,279 --> 00:04:43,320 Speaker 1: as stepping down as a member of the board and 90 00:04:43,360 --> 00:04:46,720 Speaker 1: staying on as a strategic advisor to a Neil Bouceri. 91 00:04:48,279 --> 00:04:52,320 Speaker 2: This stock mover's report from Bloomberg Radio. 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