1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,600 --> 00:00:17,960 Speaker 1: Let's take a look at some of the stocks on 5 00:00:18,000 --> 00:00:18,480 Speaker 1: the move today. 6 00:00:18,520 --> 00:00:22,400 Speaker 2: I'm Paul Sweeney alongside Lisa Matteo. We're joined by Bloomberg's 7 00:00:22,520 --> 00:00:23,360 Speaker 2: Red Round red wording. 8 00:00:23,480 --> 00:00:25,439 Speaker 1: Looking at it first, one on my list here is 9 00:00:25,480 --> 00:00:28,319 Speaker 1: a United Health, the ticker as u n H. For me, 10 00:00:28,360 --> 00:00:31,319 Speaker 1: it's really been one of the equity market stories of 11 00:00:31,360 --> 00:00:33,919 Speaker 1: the year. The company's trading up. Traded up as much 12 00:00:33,920 --> 00:00:36,479 Speaker 1: as twelve point seven percent this morning. That would have 13 00:00:36,479 --> 00:00:39,160 Speaker 1: been its best gain since twenty twenty. And that's coming 14 00:00:39,200 --> 00:00:42,199 Speaker 1: off the back of Berkshire Hathaway taking a stake in 15 00:00:42,240 --> 00:00:45,879 Speaker 1: the company. Shares of a couple of their health insurance 16 00:00:45,920 --> 00:00:50,400 Speaker 1: Also following UNH up this morning, Malina Healthcare Elevance and 17 00:00:50,600 --> 00:00:54,800 Speaker 1: Centeen also trading higher. The company has been, you know, 18 00:00:55,000 --> 00:00:58,360 Speaker 1: so solid for so many years, so consistent. I'm really boring, 19 00:00:58,480 --> 00:01:00,840 Speaker 1: but this year's shed as much is two hundred billion 20 00:01:00,840 --> 00:01:02,520 Speaker 1: in market cap in such a short time as they 21 00:01:02,520 --> 00:01:07,880 Speaker 1: struggle with costs, struggle with how the government is remunerating 22 00:01:07,959 --> 00:01:11,200 Speaker 1: some of the policies things like that. So but this 23 00:01:11,319 --> 00:01:13,440 Speaker 1: this today, this news today is really kind of a 24 00:01:13,480 --> 00:01:15,840 Speaker 1: bet on the stock, and people are kind of pigling 25 00:01:15,920 --> 00:01:17,880 Speaker 1: in that they might be able to kind of stage 26 00:01:17,880 --> 00:01:21,040 Speaker 1: a turn around. ADAS community largely agrees, three fourths of 27 00:01:21,120 --> 00:01:23,399 Speaker 1: them still with the by rating on United Health. 28 00:01:23,480 --> 00:01:25,360 Speaker 2: All right, we go from that to one of my faves, 29 00:01:25,440 --> 00:01:26,160 Speaker 2: Lulu Lemon. 30 00:01:26,240 --> 00:01:28,679 Speaker 1: Of course, it's only my favor on special occasions because 31 00:01:28,680 --> 00:01:31,479 Speaker 1: that's the only time I can afford them, Right, But. 32 00:01:31,640 --> 00:01:33,760 Speaker 2: Is it is it just retail sales or is there 33 00:01:33,760 --> 00:01:34,560 Speaker 2: more into this? 34 00:01:34,840 --> 00:01:37,160 Speaker 1: I think I think really the retail sales is kind 35 00:01:37,160 --> 00:01:39,280 Speaker 1: of a driving the I mean, it's only up one 36 00:01:39,280 --> 00:01:41,920 Speaker 1: percent today and the stock has been one of the 37 00:01:42,000 --> 00:01:45,560 Speaker 1: biggest decliners in the SMP this this year. But you know, 38 00:01:45,680 --> 00:01:47,600 Speaker 1: so it's kind of a tepid response. I would say 39 00:01:47,640 --> 00:01:50,480 Speaker 1: to the to the news this morning. You know, we 40 00:01:50,520 --> 00:01:53,160 Speaker 1: are seeing that, you know, online retailers in general, it's 41 00:01:53,280 --> 00:01:56,000 Speaker 1: you know, Lululemon does have a good direct to consumer business. 42 00:01:56,440 --> 00:02:00,160 Speaker 1: People are coming back, maybe kind of again tepid back 43 00:02:00,160 --> 00:02:02,880 Speaker 1: into this stock. But it's been struggling. It's been struggling 44 00:02:02,880 --> 00:02:05,520 Speaker 1: with unpopular styles the increased competition, you know, and they 45 00:02:05,560 --> 00:02:07,480 Speaker 1: are expensive. They are kind of the premium within the 46 00:02:07,520 --> 00:02:11,000 Speaker 1: athleisure space. So yeah, I guess we'll see how this 47 00:02:11,000 --> 00:02:13,400 Speaker 1: plays out. Analysts, again, there's kind of mixed on this one. 48 00:02:13,720 --> 00:02:16,119 Speaker 1: Only around half have a by rating. There's five cell 49 00:02:16,200 --> 00:02:18,919 Speaker 1: ratings as well, so I guess it will be kind 50 00:02:18,919 --> 00:02:21,280 Speaker 1: of a weight and see still for Lulu, But thought 51 00:02:21,440 --> 00:02:23,120 Speaker 1: kind of worth highlighting that there was a little bit 52 00:02:23,120 --> 00:02:25,480 Speaker 1: of positive for the company after such so many kind 53 00:02:25,520 --> 00:02:28,079 Speaker 1: of weeks and months here of bad news for them. 54 00:02:28,200 --> 00:02:30,880 Speaker 1: What is Joby Aviation. That's a very good question. Job 55 00:02:31,680 --> 00:02:33,480 Speaker 1: is I'm gonna use another word that you probably want 56 00:02:33,520 --> 00:02:37,120 Speaker 1: to be familiar with as an EEV toll company. So 57 00:02:37,160 --> 00:02:40,480 Speaker 1: that stands for electric vertical takeoff and landing. So they 58 00:02:40,520 --> 00:02:42,480 Speaker 1: are a they They are one of these companies that 59 00:02:42,520 --> 00:02:45,160 Speaker 1: are trying to bring like air taxi services to cities 60 00:02:45,160 --> 00:02:49,280 Speaker 1: and across the country. It's pretty interesting that it's, you know, 61 00:02:49,320 --> 00:02:51,760 Speaker 1: a helicopter. Instead of one big blade, they have six 62 00:02:51,800 --> 00:02:55,600 Speaker 1: smaller electrical blades. I actually got to fly the the 63 00:02:56,000 --> 00:02:59,600 Speaker 1: like the simulator. It's pretty it's pretty neat. I just said, yeah, 64 00:02:59,600 --> 00:03:01,720 Speaker 1: I did. It's it's I don't think I could get 65 00:03:01,760 --> 00:03:03,320 Speaker 1: in the real one. I was still nervous in the 66 00:03:03,760 --> 00:03:06,600 Speaker 1: in the in the fague one. But they had some 67 00:03:06,960 --> 00:03:09,200 Speaker 1: The shares were up. Let me just take a second 68 00:03:09,200 --> 00:03:11,400 Speaker 1: look here. The shares were up around six percent at 69 00:03:11,400 --> 00:03:14,640 Speaker 1: the open. They're training down right now around two percent. 70 00:03:15,880 --> 00:03:18,240 Speaker 1: This company has had an incredible year. They're up, They've 71 00:03:18,280 --> 00:03:21,040 Speaker 1: doubled this year. They're valued of fourteen billion. Last quarter 72 00:03:21,080 --> 00:03:22,600 Speaker 1: of the revenue was was was this is not a 73 00:03:22,639 --> 00:03:27,240 Speaker 1: type It was fifteen thousand dollars. So they are. They 74 00:03:27,280 --> 00:03:30,600 Speaker 1: are not financially I guess in the best place yet 75 00:03:30,680 --> 00:03:33,880 Speaker 1: SEC exactly, but they probably are the furthest along in 76 00:03:33,960 --> 00:03:36,640 Speaker 1: getting federal approval to actually start commercial flight. So that's 77 00:03:36,680 --> 00:03:38,880 Speaker 1: kind of why there was a little bit of enthusiasm 78 00:03:38,880 --> 00:03:41,400 Speaker 1: today was the company announced that they had their successfully 79 00:03:41,400 --> 00:03:44,320 Speaker 1: flown between two airports. I think that's a pretty big 80 00:03:44,360 --> 00:03:48,920 Speaker 1: milestone for them getting FAA approval to actually start taking 81 00:03:48,960 --> 00:03:51,760 Speaker 1: you know, people like like us to JFK and things 82 00:03:51,800 --> 00:03:53,200 Speaker 1: like that. I wonder if it would work in New York. 83 00:03:53,240 --> 00:03:54,560 Speaker 2: It's so it's crowded the air space. 84 00:03:55,400 --> 00:03:57,160 Speaker 1: You know, they'll look over the East River with all 85 00:03:57,200 --> 00:03:58,520 Speaker 1: the help coopers and private. 86 00:03:58,240 --> 00:04:03,400 Speaker 2: Planting this stock moover's report from Bloomberg Radio. Check back 87 00:04:03,400 --> 00:04:05,640 Speaker 2: with us throughout the day for the latest roundup of 88 00:04:05,680 --> 00:04:09,000 Speaker 2: companies making news on Wall Street and for the latest 89 00:04:09,000 --> 00:04:13,200 Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us 90 00:04:13,240 --> 00:04:16,960 Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android 91 00:04:17,000 --> 00:04:18,960 Speaker 2: Auto with the Bloomberg Business app.