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 --> 00:00:16,320 Speaker 2: the stock market harnessing the power of Bloomberg data. 4 00:00:16,640 --> 00:00:18,439 Speaker 3: Let's take a look at some of the stocks on 5 00:00:18,640 --> 00:00:20,720 Speaker 3: the move today. I'm Paul Sweeney with Lis Matteo, and 6 00:00:20,720 --> 00:00:23,319 Speaker 3: we're joined by Bloomberg's old Donna Hirich. Holdna, what are 7 00:00:23,360 --> 00:00:23,800 Speaker 3: you looking at? 8 00:00:24,120 --> 00:00:26,680 Speaker 1: I'm taking a look at shares of American Eagle that's 9 00:00:26,760 --> 00:00:31,160 Speaker 1: ticker AEO, and they're up roughly six percent today after 10 00:00:31,200 --> 00:00:34,839 Speaker 1: the apparel retailer announced a campaign that's being headlined by 11 00:00:34,840 --> 00:00:40,440 Speaker 1: the actress Sidney Sweeney and and no relation right. The 12 00:00:40,520 --> 00:00:44,320 Speaker 1: campaign had been announced on Wednesday. Shares actually closed up 13 00:00:44,360 --> 00:00:47,600 Speaker 1: some six percent on Wednesday, so today's move really is 14 00:00:47,600 --> 00:00:50,040 Speaker 1: an extension of that. In the press release, they said 15 00:00:50,040 --> 00:00:53,000 Speaker 1: something along the lines of Sydney Sweeney has great American 16 00:00:53,040 --> 00:00:56,320 Speaker 1: Eagle genes and now you can too, and apparently people 17 00:00:56,360 --> 00:00:57,440 Speaker 1: are really liking this. 18 00:00:57,520 --> 00:00:59,880 Speaker 3: I also think American Eagle might be a mean stock. 19 00:01:00,440 --> 00:01:02,400 Speaker 4: Yeah, well, it was on the Reddit platform. People were 20 00:01:02,400 --> 00:01:04,679 Speaker 4: talking about it and it just went yeahzy After that. 21 00:01:04,640 --> 00:01:08,480 Speaker 1: People are talking about it, so we're tracking that as well. 22 00:01:08,520 --> 00:01:11,640 Speaker 4: Okay, taking Also, Tesla stairs really taking a hit there, 23 00:01:11,640 --> 00:01:14,720 Speaker 4: down what eight percent? And what's worse is Elon must 24 00:01:14,720 --> 00:01:16,800 Speaker 4: said there could be even like tougher times ahead. 25 00:01:16,640 --> 00:01:20,199 Speaker 1: Right, so shares down some eight percent, down twenty five 26 00:01:20,280 --> 00:01:24,039 Speaker 1: percent year to date. The CEO did warn of a 27 00:01:24,160 --> 00:01:28,120 Speaker 1: hard year ahead for the ev maker. He said Tesla 28 00:01:28,120 --> 00:01:30,360 Speaker 1: will be in a transition period for the next year 29 00:01:30,480 --> 00:01:34,880 Speaker 1: or more, and that's after losing its electric vehicle incentives 30 00:01:35,240 --> 00:01:37,280 Speaker 1: in the US and also needing some more time to 31 00:01:37,360 --> 00:01:40,680 Speaker 1: roll out autonomous vehicles, which obviously the company has been 32 00:01:40,880 --> 00:01:43,680 Speaker 1: talking about for quite a while. But he did say 33 00:01:43,720 --> 00:01:48,360 Speaker 1: that the company could have quote a few rough quarters. 34 00:01:48,440 --> 00:01:50,760 Speaker 3: See, if we're back in my investment banking days, I 35 00:01:50,760 --> 00:01:53,120 Speaker 3: would say, let's just spin out this car company and 36 00:01:53,240 --> 00:01:57,000 Speaker 3: let investors focus on all the other stuff that's still 37 00:01:57,080 --> 00:01:59,919 Speaker 3: to come, whether it's the robotax Sia's car. 38 00:02:00,160 --> 00:02:02,360 Speaker 4: I mean, you see, like the bigger companies like so 39 00:02:02,600 --> 00:02:04,880 Speaker 4: I could kill all these kind of splitting into so 40 00:02:05,000 --> 00:02:06,280 Speaker 4: many different companies. 41 00:02:06,720 --> 00:02:08,920 Speaker 3: Plus I'd get paid to do that all right. Chipotle 42 00:02:09,000 --> 00:02:11,880 Speaker 3: where I went yesterday. I had my two hard tacos 43 00:02:11,919 --> 00:02:15,400 Speaker 3: with chicken and all the fixtions, which was awesome, but 44 00:02:15,720 --> 00:02:16,760 Speaker 3: not so good today with the stock. 45 00:02:16,960 --> 00:02:19,680 Speaker 1: Was it bogo buy one, get one, because that's all 46 00:02:20,120 --> 00:02:22,960 Speaker 1: missed the I had a bogo off. But that's why 47 00:02:22,960 --> 00:02:25,280 Speaker 1: I was taking a look at this stock because I 48 00:02:25,440 --> 00:02:27,840 Speaker 1: go actually pretty frequently. 49 00:02:28,840 --> 00:02:29,600 Speaker 2: I like Chipotle. 50 00:02:29,720 --> 00:02:33,520 Speaker 1: But shares are down thirteen percent today after the company 51 00:02:33,560 --> 00:02:36,080 Speaker 1: cut its annual outlook for the second time this year. 52 00:02:36,400 --> 00:02:39,400 Speaker 1: And it's just suggesting to analysts that the honey chicken 53 00:02:39,440 --> 00:02:42,320 Speaker 1: that they are offering now and also the burrito giveaways 54 00:02:42,400 --> 00:02:45,359 Speaker 1: haven't really been enough to offset the traffic slump that 55 00:02:45,720 --> 00:02:49,720 Speaker 1: Chipotle is attributing to economic anxiety. But yeah, they were 56 00:02:49,800 --> 00:02:52,600 Speaker 1: giving out buy one, get one a couple of days ago, 57 00:02:52,680 --> 00:02:54,560 Speaker 1: and I took advantage. 58 00:02:55,040 --> 00:02:58,560 Speaker 4: I stick with my my brown rice and my you know, steak, 59 00:02:58,560 --> 00:03:00,680 Speaker 4: and I get the little avocado and everything, and I'm 60 00:03:00,720 --> 00:03:01,600 Speaker 4: good to go. 61 00:03:02,600 --> 00:03:06,800 Speaker 2: The Stockmovers report from Bloomberg Radio. 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