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 00:00:16,800 --> 00:00:17,919 Speaker 3: We want to take a look at some of the 5 00:00:17,960 --> 00:00:20,960 Speaker 3: stocks on the move right now. I'm alongside Paul Sweeney 6 00:00:21,079 --> 00:00:24,599 Speaker 3: right now, and we're joined by Bloomberg's Nora Melinda nourra 7 00:00:24,800 --> 00:00:28,400 Speaker 3: BNP powerbat really in the headlines today, how is their 8 00:00:28,440 --> 00:00:28,920 Speaker 3: stock doing? 9 00:00:29,160 --> 00:00:31,720 Speaker 4: Yeah, BNP Parabo has definitely been in the headlines today. 10 00:00:31,760 --> 00:00:35,680 Speaker 4: They ended lower in trading today. But also wanted to 11 00:00:35,880 --> 00:00:38,800 Speaker 4: look at Lululemon. We actually have an analyst over at 12 00:00:38,840 --> 00:00:42,360 Speaker 4: BNP Paraba saying that he raised his recommendation on the 13 00:00:42,440 --> 00:00:46,199 Speaker 4: athletic clothing company to neutral from underperform here. So you 14 00:00:46,240 --> 00:00:49,240 Speaker 4: are seeing shares of Lululemon up about four and a 15 00:00:49,280 --> 00:00:53,080 Speaker 4: half percent in trading. But another area that I'm keeping 16 00:00:53,080 --> 00:00:54,680 Speaker 4: an eye on as well. Of course, this has been 17 00:00:54,680 --> 00:00:57,280 Speaker 4: in conversation for so many weeks. We've been looking a 18 00:00:57,320 --> 00:01:00,560 Speaker 4: lot about the rare earth materials here, so I'm keeping 19 00:01:00,560 --> 00:01:02,680 Speaker 4: an eye on rare earth stocks as well. I mean, 20 00:01:02,720 --> 00:01:05,080 Speaker 4: we have critical minerals as well that are in focus. 21 00:01:05,319 --> 00:01:10,000 Speaker 4: Looking at USA rare Earth, American Resources, Niocorp. These are 22 00:01:10,040 --> 00:01:14,160 Speaker 4: all rising here as a William Blair analyst initiated the 23 00:01:14,200 --> 00:01:17,120 Speaker 4: companies that outperform. Essentially, he's saying that he sees the 24 00:01:17,160 --> 00:01:20,160 Speaker 4: government potentially taking a stake in them, and of course 25 00:01:20,200 --> 00:01:23,280 Speaker 4: we know the US has been taking many states right now. 26 00:01:23,480 --> 00:01:25,920 Speaker 1: I think it's funny today kind of the rare earth thing. 27 00:01:25,920 --> 00:01:27,760 Speaker 1: It's a little bit like the can we get some 28 00:01:27,840 --> 00:01:30,000 Speaker 1: AI in our story now? And need to get some 29 00:01:30,080 --> 00:01:33,480 Speaker 1: rare earths into your stories? Cleveland Cliffs. I remember when 30 00:01:33,480 --> 00:01:36,360 Speaker 1: Marilyn took this company public a million years ago. It's 31 00:01:36,360 --> 00:01:40,360 Speaker 1: a steel company in Cleveland. Now it's getting some rare 32 00:01:40,360 --> 00:01:43,880 Speaker 1: earth love. Go figure. That's where we are in this thing, 33 00:01:44,720 --> 00:01:47,760 Speaker 1: all right, Nora app Love and can you tell me 34 00:01:47,800 --> 00:01:48,400 Speaker 1: what this thing is? 35 00:01:49,200 --> 00:01:51,960 Speaker 4: So app Lovin is interesting here? So right now we 36 00:01:52,000 --> 00:01:55,040 Speaker 4: do see shares of app love in falling right now. 37 00:01:55,120 --> 00:01:57,360 Speaker 4: But to tell you a little bit about the company here, 38 00:01:57,600 --> 00:02:02,440 Speaker 4: this is essentially that advertising and marketing firm essentially develops 39 00:02:02,440 --> 00:02:05,960 Speaker 4: technologies that help businesses of every size connect to their 40 00:02:06,000 --> 00:02:09,720 Speaker 4: ideal customers. And we are seeing shares pointing lower for 41 00:02:09,800 --> 00:02:12,160 Speaker 4: its worst inter day fall in two weeks. This is 42 00:02:12,200 --> 00:02:15,200 Speaker 4: coming after The New York Post reported that state regulators 43 00:02:15,200 --> 00:02:18,400 Speaker 4: have reached out to multiple short sellers and a possible 44 00:02:18,480 --> 00:02:22,120 Speaker 4: preliminary probe on this company here. The states involved here 45 00:02:22,200 --> 00:02:25,920 Speaker 4: include Delaware, Oregon, Connecticut. This is all according to that report, 46 00:02:26,280 --> 00:02:29,160 Speaker 4: and it comes after news just back in early October 47 00:02:29,200 --> 00:02:33,360 Speaker 4: that the SEC had been probing app Leven's data collection practices. 48 00:02:33,440 --> 00:02:35,280 Speaker 4: So lots of this company is facing right now. 49 00:02:35,400 --> 00:02:40,960 Speaker 2: Paul the Stock Movers report from Bloomberg Radio. Check back 50 00:02:41,000 --> 00:02:43,240 Speaker 2: with us throughout the day for the latest roundup of 51 00:02:43,280 --> 00:02:46,560 Speaker 2: companies making news on Wall Street and for the latest 52 00:02:46,600 --> 00:02:50,840 Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us 53 00:02:50,840 --> 00:02:54,560 Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android 54 00:02:54,600 --> 00:02:56,600 Speaker 2: Auto with the Bloomberg Business app.