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 --> 00:00:16,640 Speaker 2: the stock market, harnessing the power of Bloomberg data. 4 00:00:16,720 --> 00:00:18,840 Speaker 1: We have stocks taking a big leg lower right now 5 00:00:18,840 --> 00:00:20,560 Speaker 1: and a lot of companies on the move. We're going 6 00:00:20,600 --> 00:00:24,280 Speaker 1: to look into some of them with Bloomberg Television Markets 7 00:00:24,280 --> 00:00:27,000 Speaker 1: correspondent Normal Linda Nora. What are you watching today? 8 00:00:27,200 --> 00:00:29,400 Speaker 3: Well? Also looking at a name in the Green Addian. 9 00:00:29,480 --> 00:00:31,120 Speaker 3: This is a ticker that I had to look up. 10 00:00:31,120 --> 00:00:33,920 Speaker 3: I wasn't familiar with this company ticker ad and T 11 00:00:34,400 --> 00:00:36,800 Speaker 3: is about one point eight billion dollars in market caps. 12 00:00:37,040 --> 00:00:38,279 Speaker 3: You looked at me like I should know that. 13 00:00:38,479 --> 00:00:40,000 Speaker 1: No, no, no, I'm looking at you because I'm so 14 00:00:40,000 --> 00:00:42,440 Speaker 1: glad you provided that context because I didn't know what 15 00:00:42,440 --> 00:00:44,640 Speaker 1: the market cap was. I didn't even know the ticker right. 16 00:00:44,680 --> 00:00:47,040 Speaker 3: So it actually is a supplier for seats for a 17 00:00:47,120 --> 00:00:51,200 Speaker 3: variety of vehicles, including vans, cars, pickup trucks. So maybe 18 00:00:51,200 --> 00:00:54,200 Speaker 3: that's why we don't know the name and Asmer I'm 19 00:00:54,200 --> 00:00:56,480 Speaker 3: sure Matt does. But we're seeing shares of this company 20 00:00:56,520 --> 00:00:58,400 Speaker 3: up as much as nine point three percent. That's the 21 00:00:58,440 --> 00:01:02,320 Speaker 3: biggest jump since this is after UBS did raise the 22 00:01:02,400 --> 00:01:05,280 Speaker 3: recommendation on the stock to buy from neutral. They're saying 23 00:01:05,319 --> 00:01:08,240 Speaker 3: that this is all based on attractive valuation. They see 24 00:01:08,240 --> 00:01:11,240 Speaker 3: that Addian is likely to raise its twenty twenty six 25 00:01:11,280 --> 00:01:14,000 Speaker 3: guidance and the potential to win from US on shoring, 26 00:01:14,400 --> 00:01:16,800 Speaker 3: as well as improved free cash flow potential. 27 00:01:17,040 --> 00:01:18,679 Speaker 1: All right, well, we'll see how that shakes out. The 28 00:01:18,720 --> 00:01:22,240 Speaker 1: manufacturing jobs have not been positive for a bit. Now, 29 00:01:22,640 --> 00:01:24,000 Speaker 1: let's talk about your second stock. 30 00:01:24,240 --> 00:01:26,760 Speaker 3: Yeah, so markets in the red. There's a few names 31 00:01:26,760 --> 00:01:29,360 Speaker 3: in the red, including Royal Caribbean. This is taker RCL. 32 00:01:29,360 --> 00:01:32,000 Speaker 3: We're seeing shares down by about five percent. This is 33 00:01:32,040 --> 00:01:35,199 Speaker 3: after City issued a downside thirty day short term view 34 00:01:35,640 --> 00:01:38,280 Speaker 3: on the company. This is all ahead of its quarterly 35 00:01:38,319 --> 00:01:41,199 Speaker 3: report that is expected toward the end of the Toward 36 00:01:41,200 --> 00:01:42,720 Speaker 3: the end of this month, they're saying that there are 37 00:01:42,880 --> 00:01:46,319 Speaker 3: enough indicators to deduce that either the demand environment has 38 00:01:46,319 --> 00:01:50,480 Speaker 3: accelerated or the supply environment in the critical Caribbean market 39 00:01:50,680 --> 00:01:53,320 Speaker 3: has gotten too crowded. So we'll have to see how 40 00:01:53,320 --> 00:01:55,280 Speaker 3: that shakes out for the stock in particular. But it 41 00:01:55,280 --> 00:01:58,560 Speaker 3: does seem as though investors are not please. 42 00:01:58,640 --> 00:02:01,160 Speaker 1: And Norah won more quickly. We got Bank earnings today. 43 00:02:01,200 --> 00:02:03,120 Speaker 1: Which of the companies yes. 44 00:02:03,680 --> 00:02:06,880 Speaker 3: Looking at Wallspargo ticker WFC, we're seeing shares lower by 45 00:02:06,880 --> 00:02:10,000 Speaker 3: more than six percent. This is after it missed analyst 46 00:02:10,040 --> 00:02:14,440 Speaker 3: expectations in terms of profit estimates. Severance cause costs are 47 00:02:14,760 --> 00:02:18,680 Speaker 3: essentially driving up expenses. The banks spent about six hundred 48 00:02:18,760 --> 00:02:21,240 Speaker 3: and twelve million dollars on Severance alone. 49 00:02:22,600 --> 00:02:26,600 Speaker 2: The stock mover's report from Bloomberg Radio. Check back with 50 00:02:26,680 --> 00:02:29,280 Speaker 2: us throughout the day for the latest roundup of companies 51 00:02:29,360 --> 00:02:32,440 Speaker 2: making news on Wall Street and for the latest market 52 00:02:32,480 --> 00:02:36,960 Speaker 2: moving headlines. Listen to Bloomberg Radio Live. Catch us on YouTube, 53 00:02:37,040 --> 00:02:40,520 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 54 00:02:40,600 --> 00:02:42,080 Speaker 2: the Bloomberg Business app.