1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,960 --> 00:00:18,759 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:18,800 --> 00:00:21,360 Speaker 1: I'm Nathan Hager, joined by Bloomberg's Critty Gupta and Kritty. 6 00:00:21,440 --> 00:00:23,479 Speaker 1: We have to start with the airline stocks. With the 7 00:00:23,520 --> 00:00:26,720 Speaker 1: government shutdown now affecting flights, and we just have official 8 00:00:26,760 --> 00:00:30,720 Speaker 1: word from the aviation analytics company Sirium saying seven hundred 9 00:00:30,720 --> 00:00:33,080 Speaker 1: and forty eight flights out of more than twenty five 10 00:00:33,240 --> 00:00:37,720 Speaker 1: thousand booked have been canceled. That represents three percent of 11 00:00:37,760 --> 00:00:40,240 Speaker 1: the overall total. So we'll be tracking that throughout the day. 12 00:00:40,320 --> 00:00:42,360 Speaker 1: What are we seeing in terms of how that's affecting 13 00:00:42,400 --> 00:00:44,479 Speaker 1: the stock picture for these carriers? 14 00:00:44,560 --> 00:00:47,680 Speaker 3: Pretty Nathan twenty days away from Thanksgiving and it doesn't 15 00:00:47,680 --> 00:00:49,360 Speaker 3: look like he's getting any better. And that's what's being 16 00:00:49,400 --> 00:00:51,440 Speaker 3: reflected when you look at some of these airlines stocks. 17 00:00:51,479 --> 00:00:54,600 Speaker 3: American Airlines right off the bat AAL is your ticker 18 00:00:54,680 --> 00:00:57,720 Speaker 3: down eight tenths of one percent this morning, treating at 19 00:00:57,720 --> 00:01:00,240 Speaker 3: about thirteen dollars a share you go to, I mean, 20 00:01:00,280 --> 00:01:02,440 Speaker 3: there's really only five major carriers in the States. 21 00:01:02,600 --> 00:01:04,080 Speaker 4: Let's go to United I'm just going to go through 22 00:01:04,120 --> 00:01:05,080 Speaker 4: the laundry list of them. 23 00:01:05,200 --> 00:01:07,360 Speaker 3: U AL is your ticker under pressure, not about two 24 00:01:07,360 --> 00:01:09,800 Speaker 3: tenths of one percent ninety five dollars a share. 25 00:01:09,920 --> 00:01:10,720 Speaker 4: Keep an eye on that one. 26 00:01:11,000 --> 00:01:13,000 Speaker 3: It's been selling off quite a bit and certainly wasn't 27 00:01:13,080 --> 00:01:17,119 Speaker 3: yesterday session as well. Let's talk about Delta as well. 28 00:01:17,240 --> 00:01:20,880 Speaker 3: Dal is your ticker. That one, of course also getting 29 00:01:20,920 --> 00:01:23,440 Speaker 3: well as Parents gained its losses now, but it was 30 00:01:23,520 --> 00:01:26,760 Speaker 3: down by almost three tenths of one percent earlier, now 31 00:01:26,840 --> 00:01:27,679 Speaker 3: virtually unchanged. 32 00:01:27,680 --> 00:01:29,600 Speaker 4: So keep an eye on the airlines broadly. 33 00:01:29,800 --> 00:01:31,880 Speaker 3: American seems to be taking the brunt of it at 34 00:01:31,880 --> 00:01:34,479 Speaker 3: the moment, but something tells me at nine thirty New 35 00:01:34,520 --> 00:01:36,120 Speaker 3: York time, you're going to start to see a little. 36 00:01:35,920 --> 00:01:37,919 Speaker 4: Bit more action in that space. 37 00:01:38,080 --> 00:01:40,240 Speaker 3: Nevertheless, Anathan, We've got plenty of action other spots of 38 00:01:40,280 --> 00:01:41,600 Speaker 3: this market. 39 00:01:41,760 --> 00:01:43,440 Speaker 4: Let's start with the positivity. I feel like I need 40 00:01:43,480 --> 00:01:43,720 Speaker 4: to be. 41 00:01:44,360 --> 00:01:46,800 Speaker 3: A little bit of a do gooder if I can, 42 00:01:47,040 --> 00:01:51,120 Speaker 3: so we'll start. Let's start with Airbnb here. Abnb is 43 00:01:51,160 --> 00:01:53,680 Speaker 3: your ticker. Those shares are higher, but I get this 44 00:01:53,800 --> 00:01:56,240 Speaker 3: four percent, they're actually off their highs of a pre 45 00:01:56,320 --> 00:01:58,160 Speaker 3: market session. So it's still up four percent, not too 46 00:01:58,240 --> 00:02:01,800 Speaker 3: shabby for the company. Trading just I have one hundred 47 00:02:01,800 --> 00:02:04,600 Speaker 3: and twenty six dollars a share. It looks like I'm 48 00:02:04,600 --> 00:02:08,000 Speaker 3: getting some very loud praise from Wall Street. They're seeing 49 00:02:08,040 --> 00:02:11,200 Speaker 3: strong demand, they're seeing US travel is fueling a pretty 50 00:02:11,240 --> 00:02:15,400 Speaker 3: decent book on beatings, they're all sorry beat on bookings. 51 00:02:16,360 --> 00:02:19,000 Speaker 4: My day is it's been a long it's been a 52 00:02:19,000 --> 00:02:19,640 Speaker 4: long week. 53 00:02:20,160 --> 00:02:22,160 Speaker 3: Airbnb is thriving though, at the end of this week, 54 00:02:22,240 --> 00:02:24,360 Speaker 3: is what I'm trying to say. They gave a better 55 00:02:24,360 --> 00:02:27,840 Speaker 3: than expected outlook for the holiday quarter. Analysts also talking 56 00:02:27,960 --> 00:02:31,200 Speaker 3: about the reserve now pay later aspect of their business, 57 00:02:31,200 --> 00:02:32,519 Speaker 3: which they've also now included. 58 00:02:32,639 --> 00:02:35,000 Speaker 4: They're saying that is also helping with some of their bookings. 59 00:02:35,040 --> 00:02:40,079 Speaker 3: So Airbnb ABNB is your ticker, up about four percent 60 00:02:40,160 --> 00:02:40,560 Speaker 3: this morning. 61 00:02:40,600 --> 00:02:41,880 Speaker 4: It's not the only one that's higher. 62 00:02:42,160 --> 00:02:44,440 Speaker 3: Monster Energy not a stock we talk about a lot, Nathan, 63 00:02:44,480 --> 00:02:46,400 Speaker 3: but it's certainly getting an energy boost this morning. 64 00:02:46,800 --> 00:02:50,600 Speaker 4: MNST is your ticker. Trading justh. I have sixty nine 65 00:02:50,639 --> 00:02:53,480 Speaker 4: dollars a share. Hire by three point six percent. 66 00:02:54,080 --> 00:02:56,280 Speaker 3: This one's interesting because it looks like they're saying and 67 00:02:56,320 --> 00:02:58,480 Speaker 3: Monster Bevers does a lot of things that they don't just 68 00:02:58,600 --> 00:03:00,520 Speaker 3: have the Monster Energy drink, but they are saying those 69 00:03:00,600 --> 00:03:04,160 Speaker 3: energy drinks are ultimately what's fueling their bottom line, and 70 00:03:04,400 --> 00:03:06,720 Speaker 3: Wall Street is applauding it. I mean, they are seeing 71 00:03:06,760 --> 00:03:10,320 Speaker 3: some pretty decent price upgrades on this. 72 00:03:10,400 --> 00:03:12,440 Speaker 4: Piper Sandler, for example, giving their stamp of. 73 00:03:12,400 --> 00:03:15,720 Speaker 3: Approval, maintaining their overweight but raising their price trucker to 74 00:03:15,760 --> 00:03:18,359 Speaker 3: seventy five dollars a share. A similar story over at 75 00:03:18,360 --> 00:03:20,839 Speaker 3: Morgan Stanley raising it eighty one dollars a share from 76 00:03:20,880 --> 00:03:24,320 Speaker 3: seventy four. Across the board, you are seeing Monster Beverage 77 00:03:24,520 --> 00:03:27,959 Speaker 3: actually rally quite a bit. The shares are trading currently 78 00:03:28,240 --> 00:03:30,520 Speaker 3: at about sixty eight dollars and seventy cents. So, like 79 00:03:30,560 --> 00:03:34,200 Speaker 3: you said, stamp of approval from Morgan Stanley and Piper 80 00:03:34,280 --> 00:03:36,840 Speaker 3: Sandler off the back of their earnings picture. But it's 81 00:03:36,880 --> 00:03:38,600 Speaker 3: an inevitable time of the morning, Nathan, I got to 82 00:03:38,640 --> 00:03:41,200 Speaker 3: give you a Debbie downer. One. A stock that's really 83 00:03:41,360 --> 00:03:44,480 Speaker 3: taking a hit besides the airlines is going to be Pfeizer. 84 00:03:44,560 --> 00:03:47,640 Speaker 3: Pfe is your ticker there, down about one point eight 85 00:03:47,720 --> 00:03:50,240 Speaker 3: percent and dropping as we speak. This comes out from 86 00:03:50,240 --> 00:03:53,240 Speaker 3: Novo Nordisk after the bell yesterday re up their bid 87 00:03:53,280 --> 00:03:55,520 Speaker 3: for met Sarah. It's unclear what the price is at 88 00:03:55,560 --> 00:03:58,720 Speaker 3: the moment, but you are starting to see Pfizer and 89 00:03:58,760 --> 00:04:02,440 Speaker 3: Novo in this massive war for the OBC drugs company. 90 00:04:02,480 --> 00:04:04,120 Speaker 4: So we will see if it gets there. 91 00:04:04,160 --> 00:04:07,200 Speaker 3: Pfizer at the moment, though, shares not loving or investors 92 00:04:07,200 --> 00:04:09,000 Speaker 3: not loving those shares down about one point seven percent. 93 00:04:09,960 --> 00:04:14,000 Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with 94 00:04:14,080 --> 00:04:16,640 Speaker 2: us throughout the day for the latest roundup of companies 95 00:04:16,720 --> 00:04:19,840 Speaker 2: making news on Wall Street and for the latest market 96 00:04:19,839 --> 00:04:24,320 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 97 00:04:24,400 --> 00:04:27,919 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 98 00:04:27,960 --> 00:04:29,480 Speaker 2: the Bloomberg Business app.