1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,360 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 00:00:16,760 --> 00:00:19,320 Speaker 2: Let's see what's happening out there in the world some 5 00:00:19,400 --> 00:00:23,640 Speaker 2: stock movers today. We're joined by Bloomberg's Bloomberg Television's markets 6 00:00:23,640 --> 00:00:25,840 Speaker 2: correspondent Normal Linda Nor. What are you looking at today? 7 00:00:26,120 --> 00:00:29,320 Speaker 3: Well, top day for Mattel, that's ticker mat we're seeing 8 00:00:29,360 --> 00:00:33,400 Speaker 3: to the toymaker plunging as much as twenty nine percent today. 9 00:00:33,400 --> 00:00:35,840 Speaker 3: That's the worst day that the stock is seen since 10 00:00:35,960 --> 00:00:38,680 Speaker 3: nineteen ninety nine. So we did see holiday results that 11 00:00:38,720 --> 00:00:42,280 Speaker 3: fell short of analysts expectations, and the company also issued 12 00:00:42,280 --> 00:00:45,519 Speaker 3: a twenty twenty six forecast for lower profit and it 13 00:00:45,560 --> 00:00:47,519 Speaker 3: seems as though the street doesn't really like that. We 14 00:00:47,560 --> 00:00:50,640 Speaker 3: did see a downgrade from JP Morgan, cutting to stock 15 00:00:50,720 --> 00:00:53,360 Speaker 3: to underweight from neutrol and lowering the price target to 16 00:00:53,400 --> 00:00:56,200 Speaker 3: fourteen dollars from twenty three. They're saying that this downgrade 17 00:00:56,280 --> 00:00:59,520 Speaker 3: and price target adjustment really reflects the lack of visibility 18 00:00:59,760 --> 00:01:02,960 Speaker 3: to Barbie improving as well as the uber importance of 19 00:01:03,000 --> 00:01:06,200 Speaker 3: the back half. So we'll just have to see what happens. 20 00:01:06,240 --> 00:01:08,039 Speaker 3: But it's not looking pretty right now. 21 00:01:08,200 --> 00:01:12,240 Speaker 2: Company when public May first, nineteen sixty nine, Smith Barney 22 00:01:12,280 --> 00:01:14,760 Speaker 2: was the younger writer. There you go, such a contrast to 23 00:01:14,800 --> 00:01:17,520 Speaker 2: what we heard from Hasben, right, I think as Hasro 24 00:01:17,640 --> 00:01:20,959 Speaker 2: has the all that the e gaming stuff, that's true. 25 00:01:21,000 --> 00:01:22,640 Speaker 2: I think they have more of that, a bigger share 26 00:01:22,640 --> 00:01:23,360 Speaker 2: than Matelda's. 27 00:01:23,600 --> 00:01:24,119 Speaker 3: That's fair. 28 00:01:24,440 --> 00:01:26,480 Speaker 2: And you know, Barbie, the movie was like three summers 29 00:01:26,520 --> 00:01:27,440 Speaker 2: ago at this point, I know. 30 00:01:27,880 --> 00:01:29,479 Speaker 3: So in the rear view mirror, all right, let's talk 31 00:01:29,480 --> 00:01:32,679 Speaker 3: about your second stock worst performer in SAP five hundred, 32 00:01:32,920 --> 00:01:38,559 Speaker 3: Robinhood taker Hood. We're seeing Shears tumbling double digits as well. 33 00:01:38,600 --> 00:01:41,200 Speaker 3: This is the biggest drop since April for this company, 34 00:01:41,440 --> 00:01:44,280 Speaker 3: down as much as thirteen percent. So it's that revenue 35 00:01:44,280 --> 00:01:47,560 Speaker 3: for the fourth quarter missed the average analyst estimate. A 36 00:01:47,560 --> 00:01:49,400 Speaker 3: lot of people are really pointing to the idea of 37 00:01:49,440 --> 00:01:52,080 Speaker 3: crypto volumes declining, especially as you look at the end 38 00:01:52,080 --> 00:01:54,880 Speaker 3: of twenty twenty five. That really was a major drag 39 00:01:55,240 --> 00:01:58,240 Speaker 3: on this company. We saw net income tumbling thirty four 40 00:01:58,320 --> 00:02:01,480 Speaker 3: percent to six hundred and five million dollars, and the 41 00:02:01,480 --> 00:02:04,040 Speaker 3: company CEO said it's just the beginning of a prediction 42 00:02:04,160 --> 00:02:08,239 Speaker 3: market supercycle and the aim to expand into several new 43 00:02:08,280 --> 00:02:11,480 Speaker 3: markets later this year. But seems as the Wallstreet is 44 00:02:11,480 --> 00:02:14,280 Speaker 3: really trying to decipher how they feel about the outlook 45 00:02:14,440 --> 00:02:15,600 Speaker 3: in terms of looking. 46 00:02:15,360 --> 00:02:18,280 Speaker 2: Ahead all right, Real quick Zilla Zillo. 47 00:02:18,280 --> 00:02:22,000 Speaker 3: Ticker ZG looking at the housing market, this company hitting 48 00:02:22,000 --> 00:02:24,880 Speaker 3: its lowest interday level since August of twenty twenty four. 49 00:02:25,200 --> 00:02:27,640 Speaker 3: This is after its forecast for adjusted EBITDA in the 50 00:02:27,680 --> 00:02:30,799 Speaker 3: first quarter fell short of analyst expectations, as well as 51 00:02:30,800 --> 00:02:32,640 Speaker 3: the company has really been contending with a lot of 52 00:02:32,760 --> 00:02:36,800 Speaker 3: legal costs and expenses because of its partnership with Redfin. 53 00:02:38,040 --> 00:02:42,040 Speaker 1: The stock mover's report from Bloomberg Radio. Check back with 54 00:02:42,120 --> 00:02:44,720 Speaker 1: us throughout the day for the latest roundup of companies 55 00:02:44,760 --> 00:02:47,880 Speaker 1: making news on Wall Street and for the latest market 56 00:02:47,919 --> 00:02:52,400 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 57 00:02:52,480 --> 00:02:55,960 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 58 00:02:56,040 --> 00:02:57,520 Speaker 1: the Bloomberg Business app.