1 00:00:02,520 --> 00:00:09,959 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News, The Stock Mover's Report, 2 00:00:10,280 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market. 3 00:00:13,680 --> 00:00:18,200 Speaker 1: Harnessing the power of Bloomberg Data. Let's take a look 4 00:00:18,239 --> 00:00:20,200 Speaker 1: at some stocks on the move today. I'm Tim Stanoveek 5 00:00:20,239 --> 00:00:22,920 Speaker 1: with Carol Mass. We're joined by Bloomberg News Cross asset 6 00:00:23,000 --> 00:00:24,280 Speaker 1: reporter Tanita Sikova. 7 00:00:24,520 --> 00:00:27,480 Speaker 2: Denita, what's on your radar? Let's start with United Health. 8 00:00:27,760 --> 00:00:30,280 Speaker 2: We've been talking about some of the stocks being down today. 9 00:00:30,280 --> 00:00:33,280 Speaker 2: That's definitely one of the big movers lower. We saw 10 00:00:33,320 --> 00:00:36,120 Speaker 2: it for as much as six point seven percent. There 11 00:00:36,200 --> 00:00:39,519 Speaker 2: have been so many negative news about the stocks lately. 12 00:00:39,960 --> 00:00:42,320 Speaker 2: Today we have a report by the Guardian that the 13 00:00:42,360 --> 00:00:46,800 Speaker 2: health insurance secretly paid nursing homes to reduce hospital transfers, 14 00:00:47,040 --> 00:00:50,280 Speaker 2: and nursing home residents who needed the immediate hospital care 15 00:00:50,360 --> 00:00:53,000 Speaker 2: under the program failed to receive it and there was 16 00:00:53,040 --> 00:00:57,640 Speaker 2: actually interventions by United Health staffers. This is reports so far. 17 00:00:58,000 --> 00:01:03,000 Speaker 2: We had another report of invest stigation about Medicare fraud. 18 00:01:03,240 --> 00:01:06,480 Speaker 2: We also had the company cutting and then suspending its 19 00:01:06,520 --> 00:01:09,440 Speaker 2: annual forecasts. So it feels like an year of bad 20 00:01:09,480 --> 00:01:12,560 Speaker 2: news coming in just a couple of weeks. But it's 21 00:01:12,680 --> 00:01:16,160 Speaker 2: very interesting that the company in February had just one 22 00:01:16,240 --> 00:01:18,880 Speaker 2: sale rating. We had an amazing story on the terminal 23 00:01:19,240 --> 00:01:22,840 Speaker 2: that United Health was one of the highest rated companies 24 00:01:23,319 --> 00:01:27,080 Speaker 2: in Bloomberg. But now it's down forty percent year today. 25 00:01:27,160 --> 00:01:28,840 Speaker 1: Yeah, it's remarkable to see what's happened in such a 26 00:01:28,840 --> 00:01:29,760 Speaker 1: short time. Canada. 27 00:01:29,800 --> 00:01:32,520 Speaker 2: Goose kind of moving the other direction. Some good news there, 28 00:01:32,760 --> 00:01:35,840 Speaker 2: jump twenty four percent today. It's very interesting as we 29 00:01:35,920 --> 00:01:40,440 Speaker 2: see the tariff impact unfolding, new winners and new losers 30 00:01:40,640 --> 00:01:43,120 Speaker 2: emerge with kind of Goose is very interesting because it 31 00:01:43,280 --> 00:01:48,120 Speaker 2: manufactures seventy five percent of its products in Canada. Nearly 32 00:01:48,240 --> 00:01:50,920 Speaker 2: all of those complied with the standards of the US 33 00:01:51,000 --> 00:01:55,440 Speaker 2: Mexico Canada trade Deal, and therefore they'll be exempted. They 34 00:01:55,440 --> 00:01:58,480 Speaker 2: have some exposure to goods that are manufactured in Europe, 35 00:01:58,560 --> 00:02:00,680 Speaker 2: but they said that that's not that big of a thing. 36 00:02:01,000 --> 00:02:04,920 Speaker 2: The main thing that is really clearly lifting the stock 37 00:02:05,080 --> 00:02:09,239 Speaker 2: today is that they say the minimal impacts of tariffs 38 00:02:09,280 --> 00:02:12,760 Speaker 2: on obviously that high end consumer when it comes to 39 00:02:12,760 --> 00:02:15,400 Speaker 2: that and this is a this is a branch for 40 00:02:15,480 --> 00:02:17,720 Speaker 2: sales fifteen hundred or a park US. 41 00:02:17,800 --> 00:02:18,079 Speaker 1: I know. 42 00:02:19,520 --> 00:02:21,919 Speaker 2: John Tucker talking about the seven hundred dollars vest. 43 00:02:22,000 --> 00:02:23,920 Speaker 1: Yes, I have heard Target. 44 00:02:23,960 --> 00:02:27,040 Speaker 2: Let's talk about Target down about four percent today. Yeah, 45 00:02:27,040 --> 00:02:30,400 Speaker 2: that's not so good consumer confidence metric there, it's it 46 00:02:30,440 --> 00:02:34,200 Speaker 2: could its sales forecast. We're we're seeing a sharp pood 47 00:02:34,200 --> 00:02:36,600 Speaker 2: back in spending. Of course that company, there have been 48 00:02:36,639 --> 00:02:40,280 Speaker 2: many issues. There have been boycotts. There is the consumer 49 00:02:40,360 --> 00:02:43,880 Speaker 2: part and the COEO is is actually facing a lot 50 00:02:43,960 --> 00:02:48,640 Speaker 2: of pressure to recapture growth. It's been two very difficult years. 51 00:02:48,639 --> 00:02:52,919 Speaker 2: The company is down thirty percent year to date. It's 52 00:02:53,080 --> 00:02:56,040 Speaker 2: very imposed to tariffs. So that's that's that's one I 53 00:02:56,040 --> 00:02:58,160 Speaker 2: think investors are looking at. But a lot of pressure 54 00:02:58,160 --> 00:02:59,080 Speaker 2: for the stock for sure. 55 00:03:00,639 --> 00:03:04,840 Speaker 1: The Stockmover's Report from Bloomberg Radio. Check back with us 56 00:03:04,880 --> 00:03:07,680 Speaker 1: throughout the day for the latest roundup of companies making 57 00:03:07,760 --> 00:03:11,360 Speaker 1: news on Wall Street and for the latest market moving headlines. 58 00:03:11,600 --> 00:03:15,600 Speaker 1: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg 59 00:03:15,639 --> 00:03:18,720 Speaker 1: dot com, and on Applecarplay and Android Auto with the 60 00:03:18,760 --> 00:03:20,120 Speaker 1: Bloomberg Business app.