1 00:00:02,520 --> 00:00:09,959 Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,520 Speaker 1: your roundup of companies making moves in the stock market 3 00:00:13,680 --> 00:00:17,120 Speaker 1: harnessing the power of Bloomberg Data. Let's take a look 4 00:00:17,120 --> 00:00:18,479 Speaker 1: at some of the stocks on the move today. 5 00:00:18,480 --> 00:00:19,840 Speaker 2: I'm Paul Swingey with Alex Steele. 6 00:00:19,960 --> 00:00:22,040 Speaker 1: Aren't joined by Bloomers Normal, Linda nor What are you 7 00:00:22,040 --> 00:00:22,360 Speaker 1: looking at? 8 00:00:22,760 --> 00:00:25,119 Speaker 2: Well, I've got eyes on Fighto. We're seeing shares that 9 00:00:25,200 --> 00:00:27,680 Speaker 2: snapped five days of losses. We're seeing them hire as 10 00:00:27,760 --> 00:00:30,640 Speaker 2: much as seven point seven percent this morning. And let's 11 00:00:30,680 --> 00:00:34,280 Speaker 2: have after Baird raised the recommendation on the credit analytics 12 00:00:34,280 --> 00:00:37,519 Speaker 2: and agency to outperform from Neutro. And of course we 13 00:00:37,560 --> 00:00:39,519 Speaker 2: know in recent days the company has really been in 14 00:00:39,560 --> 00:00:43,400 Speaker 2: focus after FHFA director Bill Poulti said that he's still 15 00:00:43,440 --> 00:00:46,559 Speaker 2: not happy with Fighto and that his agency will be 16 00:00:46,560 --> 00:00:49,160 Speaker 2: making some decisions on the rising cost of credit score 17 00:00:49,200 --> 00:00:52,160 Speaker 2: reports in the coming week. So this is a good 18 00:00:52,240 --> 00:00:54,760 Speaker 2: welcome pop for the stock that's really been struggling. All right, 19 00:00:54,760 --> 00:00:56,880 Speaker 2: I have an Abacame and Fitch. Yeah, Abracamy and Fitch. 20 00:00:56,880 --> 00:01:00,000 Speaker 2: This is a name that's really really seeing a surge today. 21 00:01:00,120 --> 00:01:02,880 Speaker 2: It's up for its best they ever shares are climbing 22 00:01:02,880 --> 00:01:05,360 Speaker 2: as much as thirty six percent, and this is after 23 00:01:05,360 --> 00:01:08,160 Speaker 2: it raised its outlook despite the costs of tariffs. I mean, 24 00:01:08,200 --> 00:01:10,399 Speaker 2: of course we've been looking at companies across the board, 25 00:01:10,400 --> 00:01:12,840 Speaker 2: but really retailers and how they're adjusting, especially when we 26 00:01:12,880 --> 00:01:15,319 Speaker 2: think about tariffs and what's going on in China. But 27 00:01:15,319 --> 00:01:18,240 Speaker 2: we've actually seen in recent years Abercrombie has really been 28 00:01:18,280 --> 00:01:20,880 Speaker 2: reducing its exposure to China. So we did have the 29 00:01:20,920 --> 00:01:24,480 Speaker 2: CEO today saying that they don't plan broad based tariff 30 00:01:24,520 --> 00:01:26,479 Speaker 2: hikes in terms of prices and whatnot. 31 00:01:26,480 --> 00:01:28,679 Speaker 1: From the retailer, their name Fanny May. 32 00:01:28,720 --> 00:01:30,440 Speaker 2: What's going on Fanny May and Freddie Max. So this 33 00:01:30,480 --> 00:01:33,240 Speaker 2: has been something I've been covering super closely. But we've 34 00:01:33,240 --> 00:01:36,039 Speaker 2: got the two companies really in focus because of this 35 00:01:36,160 --> 00:01:39,240 Speaker 2: idea that they could be coming back to public markets. 36 00:01:39,280 --> 00:01:41,200 Speaker 2: Of course, we know that you can still see them trading, 37 00:01:41,240 --> 00:01:44,040 Speaker 2: but they're over the counter stocks. But Trump essentially has 38 00:01:44,080 --> 00:01:46,399 Speaker 2: been saying that he really wants to bring these two 39 00:01:46,440 --> 00:01:49,280 Speaker 2: companies out of conservatorship, and they've really been under this 40 00:01:49,360 --> 00:01:53,280 Speaker 2: government purview for about fifteen years. So I think everyone's 41 00:01:53,280 --> 00:01:54,880 Speaker 2: just pretty much watching to see whether or not this 42 00:01:54,920 --> 00:01:57,040 Speaker 2: administration will be the one to do it, and we're 43 00:01:57,080 --> 00:01:59,279 Speaker 2: seeing shares getting a bit of a pop after Trump 44 00:01:59,320 --> 00:02:02,680 Speaker 2: is saying that they will retain the guarantees, that implicit 45 00:02:02,720 --> 00:02:05,000 Speaker 2: guarantee that's really been in focus over recent years because 46 00:02:05,040 --> 00:02:08,240 Speaker 2: in theory then it shouldn't affect everybody's mortgage rate they're 47 00:02:08,280 --> 00:02:11,600 Speaker 2: thirty or figs, that's the fear. So I think they're 48 00:02:11,600 --> 00:02:14,320 Speaker 2: really threading a really tight needle here as to whether 49 00:02:14,400 --> 00:02:16,880 Speaker 2: or not they're able to do that successfully without affecting 50 00:02:16,919 --> 00:02:18,680 Speaker 2: the mortgage sector. 51 00:02:19,560 --> 00:02:23,560 Speaker 1: The Stock Movers Report from Bloomberg Radio. Check back with 52 00:02:23,639 --> 00:02:26,240 Speaker 1: us throughout the day for the latest roundup of companies 53 00:02:26,280 --> 00:02:29,400 Speaker 1: making news on Wall Street and for the latest market 54 00:02:29,440 --> 00:02:33,919 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 55 00:02:34,000 --> 00:02:37,480 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 56 00:02:37,560 --> 00:02:39,040 Speaker 1: the Bloomberg Business app.