WEBVTT -  Lululemon Lower, Trade Desk Inches Higher, Eli Lilly Tumbles

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News.

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<v Speaker 2>The Stock Movers report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>I'm Tipstadvac along with Carol Master. Let's take a look

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<v Speaker 3>at some stocks on the move today. We're joined by

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<v Speaker 3>Bloomberg News Equities reporter Bailey Lipshaltz. Bailey, there is some

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<v Speaker 3>stuff moving in the after hours.

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<v Speaker 4>Some stuff moving in the after hours. We're talking about

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<v Speaker 4>Lulu Lemon ticker l u l U down about one percent,

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<v Speaker 4>so not really a big move, okay, but this comes

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<v Speaker 4>after giving a week outlook, adding to their uncertainty around

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<v Speaker 4>the company. This is one of the worst performers in

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<v Speaker 4>the S and P five hundred on a trailing twelve

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<v Speaker 4>month basis down fifty one percent, so bottom ten company.

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<v Speaker 4>One thing, obviously has been the path forward for the

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<v Speaker 4>company founder Chip Wilson, fueling pushing for strategic changes, though

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<v Speaker 4>they did add a different chip to the board, former

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<v Speaker 4>Levistrous CEO.

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<v Speaker 1>Chip Berg close the cigar.

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<v Speaker 4>I don't know if you guys know a lot of chips.

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<v Speaker 4>I don't know many chips, but apparently.

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<v Speaker 1>I'm with the Chip. Actually at Charles, but we call

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<v Speaker 1>them chip.

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<v Speaker 3>Let the chips fall where they may.

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<v Speaker 1>Yes we can, but anyway, you're right, investors. We'll see

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<v Speaker 1>if we get anything more on the call with the

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<v Speaker 1>investors in analys in terms of what's next for this company.

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<v Speaker 1>Let's go to Eli Lilly take our ly.

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<v Speaker 4>Down about six percent on the day, closing at the

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<v Speaker 4>lowest level since early November. I don't know which the

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<v Speaker 4>driver was, so we were debating this on the desk.

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<v Speaker 4>It was downgraded to sell at HSBC, talking about obesit

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<v Speaker 4>drug price cuts, uncertainty, going kind of head ahead with

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<v Speaker 4>Novo Nordis. But we did also get some data though

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<v Speaker 4>it was debated from Structure Therapeutics late Monday that showed

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<v Speaker 4>its weight loss pill still in early development stages, but

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<v Speaker 4>Beimo came out calling it a highly competitive update for

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<v Speaker 4>rival medicines. So it seems like it's one of those

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<v Speaker 4>kind of debates around what the ultimate mode is in

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<v Speaker 4>the long term.

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<v Speaker 3>I'm going to go more with the former rather than

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<v Speaker 3>the latter and say that it's HSBC downrad This is

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<v Speaker 3>the loans out sell from an analyst tracked by Bloomberg.

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<v Speaker 4>So you you put value in what the cell side

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<v Speaker 4>tells us.

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<v Speaker 3>I do I mean the target price is eight to fifty.

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<v Speaker 3>It's trading at nine thirty right now.

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<v Speaker 1>This has been on a tear.

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<v Speaker 3>It has been on a tear. This is almost let's see,

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<v Speaker 3>that is a street low.

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<v Speaker 4>We got to be if you're gonna be celerated, you

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<v Speaker 4>have to be the only one who says that it's

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<v Speaker 4>going to at least fall.

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<v Speaker 3>Yeah. Rothschild is neutral at eight seventy five.

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<v Speaker 1>Thirty second, Oh sorry, let's get at Trade Desk.

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<v Speaker 4>T t TTD down more than seven percent. This came

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<v Speaker 4>after a report that publicists basically told clients to avoid

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<v Speaker 4>working with them. They are an ad tech company, so

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<v Speaker 4>not great news. We did see a couple of analysts

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<v Speaker 4>weighing in what's some bearish takes and one that stood

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<v Speaker 4>out to me with Scotia Bank saying, some of the

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<v Speaker 4>latest news really putting it. Putting it this way quote

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<v Speaker 4>looks less like a rough patch and more like competitive

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<v Speaker 4>share loss.

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<v Speaker 1>Got this one killed last year and down this year.

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<v Speaker 2>This stock Movers report from Bloomberg Rady. Check back with

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