Speaker 1: Bloomberg Audio Studios, podcasts, radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 1: Let's see some individual stocks on the move and we
Speaker 1: can do that with Avlon Parnell for Bloomberg News.
Speaker 2: And what are you looking at?
Speaker 1: You have to start off with SpaceX. That's ticker SPCX
Speaker 1: currently slighting about five point seven percent, on track to
Speaker 1: fall for its second straight day after it's forty nine
Speaker 1: percent run after that record. IPO investors are telling us
Speaker 1: that volatility is likely to continue as the market's wigh
Speaker 1: those lofty expectations for future revenue with no real clarity
Speaker 1: on how exactly SpaceX will achieve. It still worth noting
Speaker 1: that this isn't completely out of the norm. If you remember,
Speaker 1: Meta did plunge more than thirty percent in their first
Speaker 1: year after a similarly record breaking rise.
Speaker 2: All right, what else we got here?
Speaker 1: Accenture that's ticker ACN. Definitely not a great day there,
Speaker 1: thinking about fifteen percent, most in today since two thousand
Speaker 1: and eight, and that's after the consulting and IT services
Speaker 1: provider gave a fourth quarter bookings forecast that fell short
Speaker 1: of expectations, Baird highlighting that while the pullback and full
Speaker 1: your guidance seems a bit excessive to them, it does
Speaker 1: fit investors fear of the AI thesis. And also worth
Speaker 1: noting that we've already been seeing to layoffs in start
Speaker 1: date deferrals at other consulting firms like McKenzie, PwC, Deloitte
Speaker 1: Ey And it's going to be really interesting to see
Speaker 1: how exactly Accenture will move forward from here.
Speaker 2: Yeah, kind of painful. Fifteen percent drop, all right?
Speaker 1: Last one take two interactive software that's ticker TTWO currently
Speaker 1: climbing about four point four percent to hit its highest
Speaker 1: interday level in nearly a month, and that's after Rockstar
Speaker 1: Games said that Grand Theft Auto six pre orders will
Speaker 1: begin on June twenty fifth. This has been a game
Speaker 1: that they have really really been wanting to have, especially
Speaker 1: for gamers, and Grand Theft Auto came out in twenty thirteen,
Speaker 1: so they've been waiting for quite some time. I'm hyper
Speaker 1: Sandler saying earlier this week that they expect forty three
Speaker 1: million unit sales once a game does ends up launching.
Speaker 2: The stockmover's report from Bloomberg Radio check back with us
Speaker 2: throughout the day for the latest roundup of companies making
Speaker 2: news on Wall Street, and for the latest market moving headlines.
Speaker 2: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg
Speaker 2: dot com, and on Applecarplay and Android Auto with the
Speaker 2: Bloomberg Business app.