WEBVTT - Hims & Hers Falls, Kroger Rises, Monday.com Sinks on Weak Forecast

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News. The Stock Movers report,

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<v Speaker 1>your roundup of companies making moves in the stock market,

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<v Speaker 1>harnessing the power of Bloomberg Data. Just take a look

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<v Speaker 1>at some of the stocks on the move today. We

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<v Speaker 1>are joined by Bloomberg Television's markets correspondent, normally Linda Nor.

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<v Speaker 1>What are you looking at today?

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<v Speaker 2>Well, Novo Nordis and Hymns and Hers. We're really seeing

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<v Speaker 2>this drama continuing. We do know that shares of Hymns

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<v Speaker 2>and Hers take Her, hims Hears are plunging more than

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<v Speaker 2>twenty percent. The stock is hitting its lowest level since

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<v Speaker 2>October twenty twenty four. This is after Novo Nordists said

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<v Speaker 2>that it's suing the company for making knockoff a knockoff

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<v Speaker 2>version of its obesenty medicines. We know Wigovy's really been

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<v Speaker 2>in focus here, but this is even after Hymns and

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<v Speaker 2>Hers scrapped the plans to sell a copycat version of

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<v Speaker 2>the Wogov pill after they were being hit with a

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<v Speaker 2>lot of scrutiny coming from the government as well. But

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<v Speaker 2>we are still seeing shares of Novo Nordis up by

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<v Speaker 2>about three point seven percent right now in trading so interesting.

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<v Speaker 2>We'll have to see how this progresses here. Scarlett absolutely

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<v Speaker 2>keeping an eye on that one. What's next on your list?

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<v Speaker 2>Also looking at shares of Kroger, we're seeing the stock

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<v Speaker 2>up as much as eight point four percent today. That's

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<v Speaker 2>the biggest jump we've seen on an inter day basis

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<v Speaker 2>since June of last year. This is after we did

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<v Speaker 2>see that the grocery company named of retail veteran Greg

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<v Speaker 2>Forren as it's CEO and also reinstated twenty twenty five guidance.

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<v Speaker 2>Wall Street analysts are saying that the new CEO Forun's

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<v Speaker 2>previous success at Walmart should make him a solid higher

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<v Speaker 2>for Kroger, and we are seeing shares of Kroger up

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<v Speaker 2>about fourteen percent so far this year.

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<v Speaker 1>All right, one one lastly looking at.

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<v Speaker 2>Shares of Monday dot Com. This is taker MNDY, the

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<v Speaker 2>stock earlier falling to its lowest level ever, plunging as

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<v Speaker 2>much as twenty six percent, and this is after the

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<v Speaker 2>company's forecast came in weaker than expected. So you're really

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<v Speaker 2>seeing the stock getting hit today. Shares of the company

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<v Speaker 2>down about forty eight percent so far this year. Ninuing

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<v Speaker 2>that tumble there.

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<v Speaker 1>The stockmover's report from Bloomberg Radio. Check back with us

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