1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,240 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:15,880 Speaker 1: harnessing the power of Bloomberg Data. 4 00:00:16,800 --> 00:00:19,279 Speaker 2: Let's take a look at some of the stocks that 5 00:00:19,360 --> 00:00:21,760 Speaker 2: are moving today on Paul Swinging along with Isabelle Lee, 6 00:00:21,840 --> 00:00:24,040 Speaker 2: and we're joined by Bloomberg's normal Linded Nor. What are 7 00:00:24,040 --> 00:00:24,720 Speaker 2: you looking at today? 8 00:00:24,960 --> 00:00:26,520 Speaker 3: Well, there's a few things I've got my eyes on. 9 00:00:26,680 --> 00:00:28,600 Speaker 3: All of them are actually in the red today. I've 10 00:00:28,600 --> 00:00:30,960 Speaker 3: got shares of Novo Nordisk, and of course we're looking 11 00:00:31,000 --> 00:00:33,800 Speaker 3: at the eighty rs here. Let's Tiger in Vo. We're 12 00:00:33,800 --> 00:00:37,120 Speaker 3: seeing the company down as much as twenty two percent 13 00:00:37,159 --> 00:00:40,520 Speaker 3: today and that is the most since nineteen eighty seven. 14 00:00:40,640 --> 00:00:43,080 Speaker 3: So this is a really really big slump here that 15 00:00:43,120 --> 00:00:45,760 Speaker 3: we're seeing. But this is after the company slash it's 16 00:00:45,800 --> 00:00:48,199 Speaker 3: financial forecast. Essentially, it's going to be predicting that this 17 00:00:48,280 --> 00:00:51,560 Speaker 3: year's sales will grow eight to fourteen percent, and that 18 00:00:51,720 --> 00:00:54,279 Speaker 3: was against what I had previously forecasts of twenty one 19 00:00:54,840 --> 00:00:57,800 Speaker 3: and forty sorry twenty one and twenty four excuse me there. 20 00:00:58,040 --> 00:01:00,280 Speaker 3: So that's definitely a big difference here in your starting 21 00:01:00,320 --> 00:01:02,520 Speaker 3: to see the stock really taking a beating here in 22 00:01:02,600 --> 00:01:05,040 Speaker 3: trading today and a few of its peers. But they 23 00:01:05,080 --> 00:01:09,560 Speaker 3: also did name a new head of international operations as 24 00:01:09,600 --> 00:01:12,320 Speaker 3: the CEO as a CEO here, so that's also something 25 00:01:12,319 --> 00:01:13,560 Speaker 3: that we already knew they were going to be naming 26 00:01:13,560 --> 00:01:15,600 Speaker 3: a new CEO. But you know, we're just finding out 27 00:01:15,600 --> 00:01:16,199 Speaker 3: who it is to. 28 00:01:16,200 --> 00:01:20,559 Speaker 2: See a company of this size have that kind of 29 00:01:20,560 --> 00:01:24,440 Speaker 2: of a change in forecast. I've been doing this for 30 00:01:24,480 --> 00:01:27,880 Speaker 2: thirty five years. You don't see that very often. Absolutely 31 00:01:28,080 --> 00:01:31,199 Speaker 2: that I guess that explains the big decline in the stock. 32 00:01:31,360 --> 00:01:34,399 Speaker 2: Is that just a huge bad for like, who's ever 33 00:01:34,400 --> 00:01:35,880 Speaker 2: in charge of forecasting sales? 34 00:01:36,680 --> 00:01:37,120 Speaker 1: I don't know. 35 00:01:37,440 --> 00:01:38,399 Speaker 2: That's not a good one, No. 36 00:01:38,360 --> 00:01:39,880 Speaker 3: It definitely it seems like it was a bit far 37 00:01:39,920 --> 00:01:42,000 Speaker 3: off here. So you're seeing the street really just trying 38 00:01:42,040 --> 00:01:45,160 Speaker 3: to analyze what's going on here. But I'm also looking 39 00:01:45,200 --> 00:01:47,119 Speaker 3: at another name as in the healthcare space, and that's 40 00:01:47,240 --> 00:01:50,360 Speaker 3: United Health Group, and we are looking at shares that 41 00:01:50,360 --> 00:01:52,919 Speaker 3: are lower as well, Balm as much as about seven 42 00:01:53,040 --> 00:01:56,040 Speaker 3: percent here. That's the most and lowest inter day performance 43 00:01:56,360 --> 00:01:59,240 Speaker 3: since May. But we are seeing shares tumbling after the 44 00:01:59,280 --> 00:02:02,480 Speaker 3: company warned it annual profit would be hit harder than 45 00:02:02,520 --> 00:02:04,960 Speaker 3: Wall Street was expecting. This, of course, is the latest 46 00:02:04,960 --> 00:02:07,280 Speaker 3: in a series of disappointments that we've been seeing from 47 00:02:07,320 --> 00:02:10,840 Speaker 3: the insurer, which was once really renowned for its reliable 48 00:02:10,840 --> 00:02:14,040 Speaker 3: growth and predictability. So lots going on here in the 49 00:02:14,080 --> 00:02:14,840 Speaker 3: healthcare space. 50 00:02:15,000 --> 00:02:16,720 Speaker 2: I don't know. I mean, this is a big name 51 00:02:16,800 --> 00:02:19,720 Speaker 2: and it's down forty six percent good. I mean, it 52 00:02:19,800 --> 00:02:21,960 Speaker 2: just seems like every day this thing is way, you're 53 00:02:22,000 --> 00:02:23,480 Speaker 2: just getting hit and hit and hit. 54 00:02:23,600 --> 00:02:25,480 Speaker 3: I mean when you look at the performance here, it's 55 00:02:25,520 --> 00:02:27,720 Speaker 3: just really interesting. As we're thinking about right now, everyone's 56 00:02:27,760 --> 00:02:30,200 Speaker 3: really worried about forecasts right now. We're in a period 57 00:02:30,240 --> 00:02:32,960 Speaker 3: of uncertainty. So when you see some big healthcare names 58 00:02:32,960 --> 00:02:35,120 Speaker 3: like this, this is very alarming for a lot of 59 00:02:35,160 --> 00:02:38,000 Speaker 3: investors here. But I do want to take a look 60 00:02:38,480 --> 00:02:42,200 Speaker 3: at a name Royal Caribbean here, you know, how to 61 00:02:42,280 --> 00:02:44,440 Speaker 3: keep it a little bit interesting. We're seeing shares down 62 00:02:44,480 --> 00:02:46,840 Speaker 3: as well here. This is left of the cruise operator 63 00:02:47,120 --> 00:02:50,520 Speaker 3: forecasts adjusted EPs for the third quarter that fell short 64 00:02:50,520 --> 00:02:53,400 Speaker 3: of analyst estimates. We're hearing different people on the street, 65 00:02:53,560 --> 00:02:56,240 Speaker 3: particular Jeffrey, saying that they expect management to address the 66 00:02:56,240 --> 00:02:59,400 Speaker 3: longer term outlook for twenty twenty six and beyond, but 67 00:02:59,480 --> 00:03:01,400 Speaker 3: they say that the this is more critical to the 68 00:03:01,400 --> 00:03:03,079 Speaker 3: long term earnings cadence here. 69 00:03:04,160 --> 00:03:05,480 Speaker 2: Have you ever been on a Cruis Isabelle. 70 00:03:06,000 --> 00:03:07,640 Speaker 1: No, but that's been one of my goals. 71 00:03:07,680 --> 00:03:09,840 Speaker 3: Have you been, Naura. I'll actually be going on a 72 00:03:09,880 --> 00:03:12,320 Speaker 3: real Caribbean cruise in December to the Bahamas, be my 73 00:03:12,440 --> 00:03:16,880 Speaker 3: second one. It's on Carnival. But are they different in 74 00:03:16,960 --> 00:03:19,760 Speaker 3: terms of like just the experience vibe. I've been told 75 00:03:19,800 --> 00:03:23,440 Speaker 3: that real Caribbean, you know, it can be less children, allegedly. 76 00:03:24,280 --> 00:03:28,280 Speaker 1: The Stock Movers report from Bloomberg Radio. Check back with 77 00:03:28,360 --> 00:03:30,960 Speaker 1: us throughout the day for the latest roundup of companies 78 00:03:31,000 --> 00:03:34,120 Speaker 1: making news on Wall Street and for the latest market 79 00:03:34,160 --> 00:03:38,600 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 80 00:03:38,720 --> 00:03:42,200 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 81 00:03:42,280 --> 00:03:43,760 Speaker 1: the Bloomberg Business app.