1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,520 --> 00:00:17,840 Speaker 1: Let's take a look at some of the stocks on 5 00:00:17,880 --> 00:00:20,520 Speaker 1: the move today, and we're joined by Bloomberg's Bailey Lipschultz. Billy, 6 00:00:20,520 --> 00:00:21,680 Speaker 1: what are you looking at today? I want to start 7 00:00:21,680 --> 00:00:24,000 Speaker 1: with a small company now below a billion dollars in 8 00:00:24,079 --> 00:00:27,120 Speaker 1: market cap, but has a name that is backed and 9 00:00:27,120 --> 00:00:29,480 Speaker 1: founded by some names that you guys may know, Cameron 10 00:00:29,480 --> 00:00:33,239 Speaker 1: and Tyler winkle Voss, the winkle Vi twins, their Gemini 11 00:00:33,400 --> 00:00:37,520 Speaker 1: space station crypto Exchange down twelve percent. This comes after 12 00:00:37,680 --> 00:00:42,879 Speaker 1: the exit of the CFO, the CFO, the COO and 13 00:00:42,960 --> 00:00:47,040 Speaker 1: the cooee who's left. Yeah, the brothers I think are 14 00:00:47,040 --> 00:00:49,400 Speaker 1: really running the company at this point. You don't see 15 00:00:49,400 --> 00:00:51,000 Speaker 1: that often. And I also want to call out that 16 00:00:51,040 --> 00:00:53,600 Speaker 1: this is a company that I pod back in September, 17 00:00:53,960 --> 00:00:57,160 Speaker 1: so down about seventy five percent from its IPO price, 18 00:00:57,320 --> 00:01:02,160 Speaker 1: trades under the ticker gem I for Gemini. One of 19 00:01:02,160 --> 00:01:04,040 Speaker 1: the winkle Vai is going to actually step into one 20 00:01:04,040 --> 00:01:06,280 Speaker 1: of those rules. Certainly going to be something to watch, 21 00:01:06,319 --> 00:01:08,760 Speaker 1: but this does also come just a few days or 22 00:01:08,800 --> 00:01:11,559 Speaker 1: weeks after they cut as much as twenty five percent 23 00:01:11,560 --> 00:01:14,040 Speaker 1: of the workforce and wound down operations in the UK, 24 00:01:14,240 --> 00:01:17,440 Speaker 1: European Union and Australia. So all the hopes that the 25 00:01:17,560 --> 00:01:21,120 Speaker 1: bitcoin revival bitcoin crowd would lead to a rush of 26 00:01:21,160 --> 00:01:24,880 Speaker 1: public companies, this is one of those big losers since Facebook. 27 00:01:25,200 --> 00:01:29,680 Speaker 1: Have the Winkle Boss twins created value for themselves or 28 00:01:29,720 --> 00:01:33,000 Speaker 1: shareholders anywhere? For themselves, oh see, for themselves. They've been 29 00:01:33,040 --> 00:01:35,040 Speaker 1: long bitcoin for a while. So I mean if you 30 00:01:35,080 --> 00:01:37,199 Speaker 1: bought it back when it was trading at like two thousand, 31 00:01:37,280 --> 00:01:40,120 Speaker 1: I mean you're up a lot. Yeah. But investors you backed, 32 00:01:40,160 --> 00:01:41,039 Speaker 1: you are doing well? 33 00:01:40,959 --> 00:01:41,600 Speaker 2: All right, very good? 34 00:01:41,720 --> 00:01:44,000 Speaker 1: All right? What's next for you? Start with the best 35 00:01:44,040 --> 00:01:46,039 Speaker 1: performing the s and P five hundred Some good news 36 00:01:46,520 --> 00:01:49,800 Speaker 1: at least for today Norwegian cruise ticker nc lh right 37 00:01:49,840 --> 00:01:53,440 Speaker 1: now up eight percent. This comes after activist investor Elliott 38 00:01:53,480 --> 00:01:55,160 Speaker 1: said it built more than a ten percent stake in 39 00:01:55,200 --> 00:01:58,040 Speaker 1: the company, set a letter and presentation to the management board, 40 00:01:58,280 --> 00:02:01,160 Speaker 1: believes it can unlock more than one hundred and fifty 41 00:02:01,200 --> 00:02:05,360 Speaker 1: percent upside, big numbers potentially the reason they are taking 42 00:02:05,400 --> 00:02:08,200 Speaker 1: an activist stake, though on a trailing twelve month basis, 43 00:02:08,680 --> 00:02:13,120 Speaker 1: Norwegian has returned twelve percent losses. That compares to twenty 44 00:02:13,120 --> 00:02:16,160 Speaker 1: four percent returns for Royal and Caribbean and a forty 45 00:02:16,200 --> 00:02:18,000 Speaker 1: eight percent return for Viking. Wow. 46 00:02:18,600 --> 00:02:21,880 Speaker 2: So all right, yeah, that's calls for some action, I 47 00:02:21,880 --> 00:02:24,480 Speaker 2: guess from activists investors. All right, and it is Monday, 48 00:02:24,520 --> 00:02:25,320 Speaker 2: So there's some m and a. 49 00:02:25,320 --> 00:02:27,920 Speaker 1: News, some m and a news starting in the medical space. 50 00:02:28,040 --> 00:02:33,359 Speaker 1: Danaher ticker DHR acquiring medical technology for Masimo ticker MASI 51 00:02:34,200 --> 00:02:36,240 Speaker 1: called a ten billion dollar deal nine point nine billion. 52 00:02:36,240 --> 00:02:38,960 Speaker 1: We'll round up and give them the double digit. Danaher down, 53 00:02:39,320 --> 00:02:41,880 Speaker 1: maybe a bit of that arbitrag er, maybe questions around 54 00:02:41,919 --> 00:02:44,560 Speaker 1: how the deal be implemented down about three and a 55 00:02:44,639 --> 00:02:47,160 Speaker 1: half percent. Had been down closer to five and a 56 00:02:47,160 --> 00:02:49,880 Speaker 1: half percent, trading at the lowest level since mid October. 57 00:02:49,919 --> 00:02:54,280 Speaker 1: Masmo meanwhile up more than thirty four percent, best day ever, 58 00:02:54,600 --> 00:02:57,200 Speaker 1: on pace to close at its highest since June twenty 59 00:02:57,240 --> 00:02:59,200 Speaker 1: twenty five. But this does seem to be at least 60 00:02:59,600 --> 00:03:03,280 Speaker 1: emergent of equals. If you remember, Massimo has the patient 61 00:03:03,320 --> 00:03:06,880 Speaker 1: monitoring technology, so they measure blood oxygen levels. So they 62 00:03:06,880 --> 00:03:09,680 Speaker 1: were tied back to that lawsuit around the Apple Watch. 63 00:03:09,960 --> 00:03:12,800 Speaker 1: If you remember, our one Apple Watch feature was able 64 00:03:12,840 --> 00:03:16,359 Speaker 1: to register your auxygen levels. Masmo sued them and was successful, 65 00:03:16,400 --> 00:03:20,480 Speaker 1: basically saying no. So it does seem like this this 66 00:03:20,480 --> 00:03:22,400 Speaker 1: will be a full d in acquisition that analysts, at 67 00:03:22,480 --> 00:03:24,440 Speaker 1: least on a high level, seem pretty ballshock. 68 00:03:25,400 --> 00:03:29,400 Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with 69 00:03:29,480 --> 00:03:32,079 Speaker 2: us throughout the day for the latest roundup of companies 70 00:03:32,160 --> 00:03:35,240 Speaker 2: making news on Wall Street and for the latest market 71 00:03:35,280 --> 00:03:39,760 Speaker 2: moving headlines. 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