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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: This is the closing bell on the stock movers report.

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Speaker 2: The company's making moves at the close of US trading

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Speaker 2: with Carol Mass, Tim Stenobek, Romain, Bostik, and Scarlet Food.

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Speaker 3: All right, guys, let's get to some of the individual movers.

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Speaker 3: Let's start with the gainers j BIL Circuit. That is

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Speaker 3: the number one gainer in the SNP five hundred shares,

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Speaker 3: jumping to a record in today's session after the manufacturing

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Speaker 3: services company reported third quarter results that beat expectations. The

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Speaker 3: company also raising it's full year forecast. That stock up

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Speaker 3: just shy of thirteen percent at its highs today, finishing

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Speaker 3: the day with a gain of eight point nine percent

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Speaker 3: on a tear. I should point out this year overall,

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Speaker 3: it's up about forty percent here in twenty twenty five.

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Speaker 3: Another outperformer Fluence Energy tickers FL ANDC. It's about a

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Speaker 3: one billion dollar market cap energy storage products and services

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Speaker 3: and digital applications for renewables and storage company. That's a

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Speaker 3: mouthful stock at it's high up about nineteen percent, settling

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Speaker 3: in though at the close with a gain of about

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Speaker 3: thirteen percent. The Senate Finance Committee coming out releasing its

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Speaker 3: version of a budget reconciliation bill that JP Morgan analysts

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Speaker 3: believe is positive for energy storage firms, not for another

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Speaker 3: group of the energy world. I think ten might touch

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Speaker 3: on that in just a moment, But this dock I

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Speaker 3: should point out, even with that thirteen percent gain today

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Speaker 3: is down more than sixty percent a year to date,

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Speaker 3: with about forty percent of the float shortage, So some

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Speaker 3: negative sentiment out there, maybe some shortcovering in today's session.

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Speaker 3: One more name for you, certainly a now performer, VERV Therapeutics,

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Speaker 3: up almost eighty two percent here at the close. Eli Lilly,

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Speaker 3: of course, agreeing to buy this gene editing startup for

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Speaker 3: about one point three billion. They're going to pay as

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Speaker 3: much as about thirteen fifty a share of the company

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Speaker 3: said today. That's was a more than one hundred and

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Speaker 3: fifteen percent premium to the closing price of VERV yesterday,

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Speaker 3: And I got to say, hey, crazy thing is the

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Speaker 3: move not to its highest level ever for shares a verb.

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Speaker 3: It was once a seventy three dollars a share stock

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Speaker 3: back in twenty twenty one, today closing under twelve dollars

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Speaker 3: a year. So I just thought little perspective there.

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Speaker 1: Okay, you got the gainers, Carol, I got the decliners.

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Speaker 1: I want to start with shares of Team Mobile falling

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Speaker 1: four percent today. The company shares fell after we learned

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Speaker 1: that Soft Bank sold around four point eight billion dollars

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Speaker 1: of stock. The move helps fund the Japanese company's plans

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Speaker 1: for AI. They sold twenty one and a half million

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Speaker 1: T Mobile shares for two hundred and twenty four dollars

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Speaker 1: each at price at the bottom of a two hundred

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Speaker 1: twenty four to two hundred and twenty eight dollar range.

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Speaker 1: So certainly some selling pressure on T Mobile today. Also,

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Speaker 1: solar stocks under pressure today. This is the Investo Solar

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Speaker 1: ETF TICK OR ten down nine percent. But that kind

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Speaker 1: of masks some of the big moves that the companies

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Speaker 1: within this ETF made. I mean, we're talking about companies

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Speaker 1: such as Sun run down forty percent in a single day,

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Speaker 1: Solar Edge Technology down thirty three percent today, and Phase

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Speaker 1: Energy down twenty four percent, First Solar down eighteen percent.

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Speaker 1: These US solar companies fell after Center Republicans released a

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Speaker 1: bill that would end clean energy tax credits earlier than expected.

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Speaker 1: It dashed hopes that major cuts passed by the House

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Speaker 1: woulden stick. I did look up on the screen and

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Speaker 1: saw you were speaking to an analyst about this exact

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Speaker 1: thing a little earlier.

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Speaker 2: In my program.

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Speaker 1: Yeah, so he was saying this stick pessimistic. What did

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Speaker 1: he say?

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Speaker 4: I mean, he said it was worse. I mean the

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Speaker 4: House bill was worse than the Senate bill, and that

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Speaker 4: there are other things that could continue to boost residential solar,

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Speaker 4: but that market will be smaller and that growth will

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Speaker 4: be smaller. Now, utilities in solar is very different. They

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Speaker 4: still get the tax credits, they sign those purchase power agreements.

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Speaker 4: It's that residential solar and that's why and Phase is

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Speaker 4: getting hit so hard. That's the problem.

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Speaker 1: Just a brutal day for some of these stocks. Finally,

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Speaker 1: Jet Blue having a terrible day as well. Shares fell

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Speaker 1: close to eight percent. The company said it plans to

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Speaker 1: hasten cost cuts by eliminating some flights it planned and

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Speaker 1: service to a number of cities, and restructure its leadership

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Speaker 1: ranks as economic uncertain defeats weaker than expected demand for travel.

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Speaker 1: I have a lot of questions about where this company

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Speaker 1: is going to be going. We're going to speak to

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Speaker 1: Mary Schlangenstein in just a few minutes on our program

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Speaker 1: about the outlook for Jack Blue.

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Speaker 2: Yeah.

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Speaker 4: I think they're also probably a little concerned about that

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Speaker 4: as well. So where do you go in an environment

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Speaker 4: like this, You go to the bond market, particularly the

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Speaker 4: long end. You're seeing yields come in by about five

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Speaker 4: six basis points. Even the two year is down by

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Speaker 4: about two basis points. There was also a tweet from

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Speaker 4: Nick Timrose of the Wall Street Journal, of course that

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Speaker 4: sort of avenue being the Fed whisper in essence, saying

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Speaker 4: that the Fed Board announces an open meeting to discuss

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Speaker 4: a proposed revision to the supplementary leverage ratio standards at

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Speaker 4: two pm next Wednesday. So if the l SLR excuse me,

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Speaker 4: is rolled back in any form, that could mean potential

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Speaker 4: more buying and holding from banks because they don't have

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Speaker 4: to count that against their leverage and their pot of

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Speaker 4: cash basically, so that could be good for the treasury market.

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