1 00:00:02,520 --> 00:00:09,719 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:09,880 --> 00:00:13,360 Speaker 2: This is the closing bell on the stock movers report 3 00:00:13,600 --> 00:00:16,560 Speaker 2: the company's making moves at the close of US trading 4 00:00:16,800 --> 00:00:21,479 Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostik, and Scarlett Foo. 5 00:00:22,239 --> 00:00:24,800 Speaker 3: Taking a look at stocks that were on the rise 6 00:00:24,840 --> 00:00:26,920 Speaker 3: today in the S and P five hundred, the best 7 00:00:26,960 --> 00:00:30,080 Speaker 3: performer twenty six percent of the upside was day Force, 8 00:00:30,200 --> 00:00:33,880 Speaker 3: the human resources management software provider. Look at that twenty 9 00:00:33,880 --> 00:00:37,040 Speaker 3: six percent today to Mobravo is in talks. Our Bloomberg 10 00:00:37,080 --> 00:00:40,000 Speaker 3: News team reporting to acquire the company. This according to 11 00:00:40,040 --> 00:00:42,440 Speaker 3: people familiar with the matter. The firm planning to take 12 00:00:42,440 --> 00:00:45,159 Speaker 3: the Minneapolis based company private in a deal that could 13 00:00:45,200 --> 00:00:47,720 Speaker 3: be announced as soon as the coming weeks. That people said, 14 00:00:47,760 --> 00:00:50,440 Speaker 3: asking not to be identified as the matter is private. 15 00:00:50,440 --> 00:00:54,120 Speaker 3: Once again, day Force all day up about twenty six percent, 16 00:00:54,680 --> 00:00:57,520 Speaker 3: and then among those actively traded stocks today, good Rx 17 00:00:57,720 --> 00:01:00,000 Speaker 3: shares just soaring today at one point as much as 18 00:01:00,160 --> 00:01:03,120 Speaker 3: thirty seven percent, finishing the day higher by more than 19 00:01:03,160 --> 00:01:06,200 Speaker 3: thirty seven percent. It was the biggest intro day jump 20 00:01:06,200 --> 00:01:09,039 Speaker 3: in more than a year. The company higher on news 21 00:01:09,040 --> 00:01:11,520 Speaker 3: that Novo Nordis is slashing the cost of ozepk and 22 00:01:11,600 --> 00:01:13,720 Speaker 3: partnering with gut oar X to offer ozempic and we 23 00:01:13,800 --> 00:01:18,479 Speaker 3: go vi at us pharmacies. And yes, I'm actually talking 24 00:01:18,480 --> 00:01:21,280 Speaker 3: about a meme stock yet again, because this was the 25 00:01:21,280 --> 00:01:24,600 Speaker 3: most actively traded US stock today. Open Door shares surging 26 00:01:24,760 --> 00:01:28,760 Speaker 3: again today, extending that three day winning streak of about 27 00:01:28,800 --> 00:01:33,319 Speaker 3: sixty percent, up today by close to twenty percent. Retail 28 00:01:33,360 --> 00:01:36,640 Speaker 3: traders on social media continued to encourage buying. It goes 29 00:01:36,640 --> 00:01:40,319 Speaker 3: off the momentum. On Friday after last week, we learned 30 00:01:40,319 --> 00:01:43,360 Speaker 3: that the CEO, Kerry Wheeler is stepping down. Immediately that 31 00:01:43,440 --> 00:01:48,000 Speaker 3: announcement sent the stock surging. Eric Jackson among the hedge 32 00:01:48,000 --> 00:01:50,880 Speaker 3: fund managers and folks on social media talking about this. 33 00:01:50,920 --> 00:01:52,920 Speaker 3: We've spoken to him a few times over the last 34 00:01:52,960 --> 00:01:55,040 Speaker 3: couple of weeks. He says he's bullish on the fundamental. 35 00:01:55,080 --> 00:01:56,840 Speaker 1: So I was just taking a look at that right now. 36 00:01:57,000 --> 00:01:59,840 Speaker 1: The volume on that four hundred million plus shares traded, 37 00:02:00,040 --> 00:02:03,280 Speaker 1: and today that's the highest amongst all the stocks out 38 00:02:03,280 --> 00:02:05,360 Speaker 1: there on the day. The second highest is half of that, 39 00:02:05,680 --> 00:02:06,320 Speaker 1: and that's intel. 40 00:02:06,440 --> 00:02:08,359 Speaker 3: That's so wild. It's like, what does that say about 41 00:02:08,400 --> 00:02:09,360 Speaker 3: this era? Where are we? 42 00:02:09,720 --> 00:02:11,200 Speaker 1: I don't know. Emily where are we. 43 00:02:11,200 --> 00:02:13,120 Speaker 4: Well, let's take a look at Intel, because that is 44 00:02:13,160 --> 00:02:17,519 Speaker 4: my first decliner. That stock was down about three percent today. 45 00:02:17,560 --> 00:02:21,280 Speaker 4: The latest update here on the Trump administration's plans to 46 00:02:21,320 --> 00:02:24,320 Speaker 4: take a stake in this company. Bloomberg reporting today that 47 00:02:24,400 --> 00:02:26,800 Speaker 4: the administration is in discussions to take a stake of 48 00:02:26,840 --> 00:02:29,600 Speaker 4: about ten percent. This is according to a White House 49 00:02:29,600 --> 00:02:33,000 Speaker 4: official and other people familiar with the matter, and this 50 00:02:33,080 --> 00:02:35,360 Speaker 4: of course would involve converting some or all of the 51 00:02:35,400 --> 00:02:38,800 Speaker 4: company's grants from the US Ships and Science Act into equity. 52 00:02:39,400 --> 00:02:41,680 Speaker 4: According to the people, who asked not to be identified 53 00:02:41,680 --> 00:02:45,280 Speaker 4: because the information is confidential, Intel was up much higher 54 00:02:45,400 --> 00:02:48,280 Speaker 4: last week, but we saw those shares moving lower today. 55 00:02:48,600 --> 00:02:51,079 Speaker 4: I'm also looking at a small cap. We were talking 56 00:02:51,080 --> 00:02:54,440 Speaker 4: about how the Russell two thousand was outperforming the broader 57 00:02:54,520 --> 00:02:57,400 Speaker 4: indexes today, but actually there was one small cap that 58 00:02:57,480 --> 00:02:59,440 Speaker 4: fell in a big way, Risk of five. This is 59 00:02:59,440 --> 00:03:03,040 Speaker 4: a software company. They provide software as a service fraud 60 00:03:03,120 --> 00:03:07,840 Speaker 4: and chargeback prevention technology. But they fell about sixteen percent today. 61 00:03:07,919 --> 00:03:10,080 Speaker 4: It was the most inter day in about a year, 62 00:03:10,160 --> 00:03:14,560 Speaker 4: after the company posted second quarter gross profit that shrank 63 00:03:14,639 --> 00:03:18,080 Speaker 4: from the year ago period. And then finally, plug Power 64 00:03:18,440 --> 00:03:21,600 Speaker 4: not a ton of fundamental news out of Plug Power today. 65 00:03:22,080 --> 00:03:24,240 Speaker 4: They did report earnings about a week ago, but it 66 00:03:24,240 --> 00:03:28,400 Speaker 4: did fall two point four percent as it's peers, according 67 00:03:28,400 --> 00:03:31,080 Speaker 4: to a Bloomberg group of peers advanced. I'm bringing this 68 00:03:31,080 --> 00:03:32,640 Speaker 4: one up because Tim and I are talking to the 69 00:03:32,639 --> 00:03:35,400 Speaker 4: Plug Power CEO. In just a couple of minutes, we'll 70 00:03:35,440 --> 00:03:39,360 Speaker 4: ask what those investors are missing with this stock lower today? 71 00:03:39,800 --> 00:03:42,600 Speaker 1: All right, I'll always be selling, Emily, always be selling. Meanwhile, 72 00:03:42,600 --> 00:03:46,480 Speaker 1: the treasury market honestly about as boring as equity market. 73 00:03:46,520 --> 00:03:46,760 Speaker 2: Today. 74 00:03:46,840 --> 00:03:49,400 Speaker 1: You can see modest moves across the curve of one 75 00:03:49,480 --> 00:03:52,280 Speaker 1: to two basis points, with once again the longer end 76 00:03:52,280 --> 00:03:54,840 Speaker 1: of the curve seeing most of the action two basis 77 00:03:54,840 --> 00:03:57,360 Speaker 1: points higher on your thirty year yield a market, a 78 00:03:57,400 --> 00:04:00,640 Speaker 1: bond market, we should say right now, heavily focus on 79 00:04:00,840 --> 00:04:03,800 Speaker 1: Fed rate cuts and of course a big speech on 80 00:04:03,880 --> 00:04:07,120 Speaker 1: Friday by Chairman j Poum. 81 00:04:07,240 --> 00:04:11,480 Speaker 2: The stockmover's report from Bloomberg Radio. 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