1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,640 --> 00:00:13,040 Speaker 2: The Stock Movers podcast, your roundup of companies making moves 3 00:00:13,080 --> 00:00:16,480 Speaker 2: in the stock market, harnessing the power of Bloomberg data. 4 00:00:17,400 --> 00:00:19,040 Speaker 3: Let's take a look at some stocks on the move 5 00:00:19,239 --> 00:00:21,479 Speaker 3: this week. We've got a Bloomberg News Managing editor for 6 00:00:21,520 --> 00:00:25,520 Speaker 3: Markets Live, Christina Quino, here in the Bloomberg Business Week studio. 7 00:00:25,600 --> 00:00:26,880 Speaker 3: What is on your radar? 8 00:00:27,240 --> 00:00:29,800 Speaker 1: Well, I'm looking at a United Halla tive. I mean, 9 00:00:30,200 --> 00:00:32,800 Speaker 1: that is a history decline down more than twenty three 10 00:00:32,840 --> 00:00:36,280 Speaker 1: percent at the moment, the most in twenty six years 11 00:00:36,280 --> 00:00:39,640 Speaker 1: in nineteen ninety eight, and its value wiped by one 12 00:00:39,720 --> 00:00:43,560 Speaker 1: hundred and fifteen billion dollars. That's because it's massive, massive, Yeah, 13 00:00:43,680 --> 00:00:45,280 Speaker 1: that that's a big loser today for sure. 14 00:00:45,320 --> 00:00:47,280 Speaker 4: Yeah, biggest decliner in the S and P five hundred. 15 00:00:47,520 --> 00:00:49,559 Speaker 4: Keep going with something we've been talking about, certainly on 16 00:00:49,560 --> 00:00:50,600 Speaker 4: this year's sete exactly. 17 00:00:50,640 --> 00:00:53,120 Speaker 1: And you know it is all due to its annual 18 00:00:53,159 --> 00:00:56,200 Speaker 1: forecast cut in the fact that it reported its first 19 00:00:56,200 --> 00:00:58,880 Speaker 1: earnings miss in more than a decade, and even at 20 00:00:58,920 --> 00:01:02,640 Speaker 1: CEO and you're witty saying that the performance was quote 21 00:01:02,680 --> 00:01:07,880 Speaker 1: frankly unusual and unacceptable. President Trump name checking United health 22 00:01:07,920 --> 00:01:13,039 Speaker 1: as well earlier in comments citing its decline as one 23 00:01:13,040 --> 00:01:16,080 Speaker 1: of the reasons for the stock market falling today. 24 00:01:16,240 --> 00:01:18,080 Speaker 3: Well, I mean, if you look at the Dow, that 25 00:01:18,240 --> 00:01:20,479 Speaker 3: is true because it's one of the components of the Dow. 26 00:01:20,760 --> 00:01:23,800 Speaker 3: The Dow's you know, we're doing this on Thursday afternoon. 27 00:01:24,200 --> 00:01:26,920 Speaker 3: The Dow down three hundred and forty five points, nine 28 00:01:26,920 --> 00:01:28,600 Speaker 3: tens of one percent. The S and B five hundred 29 00:01:28,600 --> 00:01:30,440 Speaker 3: is higher than Nastak is higher. So he does have 30 00:01:30,520 --> 00:01:31,959 Speaker 3: a point. If you're just looking at the doll. 31 00:01:31,920 --> 00:01:34,880 Speaker 4: Yes, specifically at a DOE, then yeah, it's seven percent 32 00:01:34,920 --> 00:01:37,400 Speaker 4: of the Dow Jones industrial average. So when it tanks, 33 00:01:37,480 --> 00:01:39,600 Speaker 4: it's going to pull down the index. Where do you 34 00:01:39,640 --> 00:01:40,560 Speaker 4: want to go next. 35 00:01:40,400 --> 00:01:43,800 Speaker 1: Well, let's talk about Eli Lilly in terms of the 36 00:01:43,800 --> 00:01:48,240 Speaker 1: big gainers today. That's up more than sixteen percent, primarily 37 00:01:48,280 --> 00:01:51,480 Speaker 1: because of a study showing that it's experimental pill, potentially 38 00:01:52,040 --> 00:01:55,960 Speaker 1: creating a rival for a zempick in trials, some very 39 00:01:55,960 --> 00:01:59,200 Speaker 1: promising results there. We still have a ways to go. 40 00:01:59,320 --> 00:02:02,320 Speaker 1: It's made Obese City trial won't wrap until at least July, 41 00:02:02,440 --> 00:02:04,080 Speaker 1: so that's the main one to watch out for in 42 00:02:04,160 --> 00:02:07,120 Speaker 1: terms of whether it will be a viable competitor to 43 00:02:07,160 --> 00:02:09,520 Speaker 1: a zempeice. It's kind the Holy Gral. 44 00:02:09,560 --> 00:02:11,360 Speaker 4: I feel like for JLP one right that you can 45 00:02:11,360 --> 00:02:13,359 Speaker 4: take a pill, pop a pill in rather than take 46 00:02:13,360 --> 00:02:13,760 Speaker 4: a shot. 47 00:02:15,280 --> 00:02:16,440 Speaker 1: Certainly a lot easy are. 48 00:02:18,280 --> 00:02:21,120 Speaker 4: Yeah, I see away from Just so you know, I 49 00:02:21,080 --> 00:02:24,120 Speaker 4: don't like I'm not a pill taker. I could never 50 00:02:24,120 --> 00:02:25,760 Speaker 4: be a druggie because I can't take pills. 51 00:02:26,600 --> 00:02:29,399 Speaker 3: Pills those are easy to compared of shots. You got 52 00:02:29,400 --> 00:02:29,960 Speaker 3: to do a shot. 53 00:02:29,960 --> 00:02:31,960 Speaker 4: I couldn't do pills either. That's why I want to 54 00:02:32,120 --> 00:02:33,880 Speaker 4: like you. Do you spray in the airy? 55 00:02:34,240 --> 00:02:34,680 Speaker 2: Go after? 56 00:02:34,720 --> 00:02:34,880 Speaker 1: It? 57 00:02:36,280 --> 00:02:39,200 Speaker 4: A global payments company, and the global payments area is 58 00:02:39,240 --> 00:02:40,280 Speaker 4: certainly on a radar too. 59 00:02:40,480 --> 00:02:44,200 Speaker 1: Yes, absolutely, quite an interesting story because it's an M 60 00:02:44,200 --> 00:02:46,480 Speaker 1: and A story, right, the first one in a while 61 00:02:47,000 --> 00:02:49,959 Speaker 1: that we've seen. It's basically Global Payments acquiring World pay 62 00:02:50,040 --> 00:02:52,920 Speaker 1: for more than twenty four billion dollars from FIS and 63 00:02:52,960 --> 00:02:56,200 Speaker 1: GtC are very divided in terms of the reaction. FIS 64 00:02:56,240 --> 00:02:59,920 Speaker 1: investors really liking that. That's up nearly ten percent on 65 00:03:00,080 --> 00:03:03,079 Speaker 1: the day, Global Payments meanwhile falling more than fifteen percent. 66 00:03:03,400 --> 00:03:05,680 Speaker 1: So yeah, and the ration to that deal quite makes 67 00:03:05,680 --> 00:03:09,160 Speaker 1: Bloomberg Intelligence saying that the purchase will allow global payments 68 00:03:09,240 --> 00:03:12,200 Speaker 1: to beef up its scale. But then some analysts on 69 00:03:12,200 --> 00:03:14,120 Speaker 1: the street saying it's gonna take some time for this 70 00:03:14,240 --> 00:03:15,799 Speaker 1: deal to create shareholder value. 71 00:03:17,240 --> 00:03:20,760 Speaker 3: Interesting that was wasn't even on my radar today. 72 00:03:20,800 --> 00:03:22,440 Speaker 4: I think what's interesting is that there's actually a deal 73 00:03:22,520 --> 00:03:23,040 Speaker 4: that was done. 74 00:03:23,200 --> 00:03:25,760 Speaker 1: Yeah, I mean this unlocks like quite the log jab 75 00:03:26,000 --> 00:03:29,240 Speaker 1: that we've had. We've had quiet m and a market 76 00:03:29,400 --> 00:03:32,280 Speaker 1: up until we got this deal. And yeah, it's it's 77 00:03:32,320 --> 00:03:34,800 Speaker 1: quite a blockbuster deal. Twenty four billion dollars. That's not nothing. 78 00:03:36,600 --> 00:03:40,760 Speaker 2: The Stock Movers podcast from Bloomberg Radio. 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