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 00:00:16,800 --> 00:00:18,960 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:19,040 --> 00:00:21,680 Speaker 1: I'm Scarlett ful here with Alex Deamanova in place of 6 00:00:21,680 --> 00:00:24,560 Speaker 1: Paul Sweeny, who's off, and we're joined right now Bloomberg's 7 00:00:24,640 --> 00:00:27,560 Speaker 1: Natalic Najevic, Natalia, What are you looking at? 8 00:00:27,720 --> 00:00:30,479 Speaker 3: Yes, First, of course, I'm looking at bank shares, for example, 9 00:00:30,520 --> 00:00:33,839 Speaker 3: Capital One, the ticker is a coof so shares are 10 00:00:34,040 --> 00:00:37,120 Speaker 3: down by five point four percent. Of course, after Donald 11 00:00:37,159 --> 00:00:40,840 Speaker 3: Trump's called on credit card companies to cap interest rates 12 00:00:40,880 --> 00:00:44,800 Speaker 3: at around ten percent for this year. As of now, 13 00:00:45,280 --> 00:00:50,760 Speaker 3: card interest rates are hovering around twenty percent, and Trump, 14 00:00:50,800 --> 00:00:56,040 Speaker 3: speaking on Sunday, said that January twenty deadline for companies 15 00:00:56,040 --> 00:00:59,760 Speaker 3: to comply of risk as being is presented at risk 16 00:00:59,800 --> 00:01:03,680 Speaker 3: of being in violation of the law. Now, well, of course, 17 00:01:03,720 --> 00:01:06,679 Speaker 3: we are keeping an eye on analysts reactions, so Wells 18 00:01:06,720 --> 00:01:09,760 Speaker 3: Fargo's Mike Mayo is saying that that would wipe out 19 00:01:09,880 --> 00:01:14,760 Speaker 3: earnings from credit cards companies exposed to this sector, of course, 20 00:01:14,840 --> 00:01:20,480 Speaker 3: and ruin credit card economics and also decrease incentives that 21 00:01:20,520 --> 00:01:24,560 Speaker 3: would stop lending. Of course, many analysts are now concerned 22 00:01:24,600 --> 00:01:28,080 Speaker 3: about how that could impact law income consumers. 23 00:01:28,560 --> 00:01:30,880 Speaker 1: With the banks kicking off earnings later this week, it 24 00:01:30,920 --> 00:01:32,759 Speaker 1: is going to be really interesting to see what they 25 00:01:32,840 --> 00:01:35,360 Speaker 1: say about this credit card fee. Cap Natalia, What else 26 00:01:35,360 --> 00:01:36,199 Speaker 1: are you watching today? 27 00:01:36,240 --> 00:01:38,760 Speaker 3: Yeah, so, I'm keeping an eye on retail sectors. For example, 28 00:01:38,800 --> 00:01:42,080 Speaker 3: shares of Aberchrome benefits the tackers, A and F are 29 00:01:42,240 --> 00:01:46,920 Speaker 3: now down by twenty percent, So that's a pretty big move. 30 00:01:47,000 --> 00:01:50,440 Speaker 3: It came after sales during the holiday season. We're not 31 00:01:50,720 --> 00:01:55,400 Speaker 3: as robust as analysts and as the company expected. The 32 00:01:55,480 --> 00:01:58,640 Speaker 3: company now expects fourth water sales growth to be at 33 00:01:58,680 --> 00:02:03,280 Speaker 3: around five percent, compared with previous expectations of the range 34 00:02:03,280 --> 00:02:07,760 Speaker 3: between four and six percent. Notably, in November, the company 35 00:02:07,760 --> 00:02:11,400 Speaker 3: is so really strong sales driven by back to school demand, 36 00:02:11,520 --> 00:02:14,800 Speaker 3: and it also boosted its annual forecast in November. But 37 00:02:14,919 --> 00:02:18,040 Speaker 3: now it looks like consumers are being more cautious. And 38 00:02:18,120 --> 00:02:20,240 Speaker 3: I don't know how much shopping you did, guys during 39 00:02:20,320 --> 00:02:23,079 Speaker 3: the holiday season, but looks like, yes, people are being 40 00:02:23,120 --> 00:02:23,960 Speaker 3: more selective. 41 00:02:24,560 --> 00:02:27,560 Speaker 1: I suspect not enough help because we need all hands 42 00:02:27,560 --> 00:02:30,559 Speaker 1: on deck. Right now, let's stop that you're looking at Natalia. 43 00:02:30,639 --> 00:02:34,880 Speaker 3: Yeah, so this is Medline. The ticket is m DLM. 44 00:02:35,200 --> 00:02:38,360 Speaker 3: So this is the latest IPO of twenty twenty five. 45 00:02:38,480 --> 00:02:41,640 Speaker 3: It was the biggest US ipo. The company raised two 46 00:02:41,720 --> 00:02:45,720 Speaker 3: point excuse me, six point twenty six billion dollars. It 47 00:02:45,760 --> 00:02:48,880 Speaker 3: was a successful ipo. It's a huge company with a 48 00:02:48,880 --> 00:02:52,040 Speaker 3: long history and profitability. So shares are up by three 49 00:02:52,120 --> 00:02:56,000 Speaker 3: percent because today's the first day of analysts initiation and 50 00:02:56,040 --> 00:02:58,480 Speaker 3: we see that many analysts are really positive. So the 51 00:02:58,560 --> 00:03:02,240 Speaker 3: average price is now price target for twelve months is 52 00:03:02,880 --> 00:03:06,120 Speaker 3: sitting at forty seven dollars. Now. The STOCKUS trading at 53 00:03:06,120 --> 00:03:09,400 Speaker 3: twenty one point fifty five. So the key takeaway is 54 00:03:09,440 --> 00:03:13,359 Speaker 3: that analysts see that demand growth continues, the company will 55 00:03:13,400 --> 00:03:18,320 Speaker 3: execute like good margin growth, profitability. And yes, so shares 56 00:03:18,440 --> 00:03:22,160 Speaker 3: jumped by forty percent after IPO. And this was just another, 57 00:03:22,560 --> 00:03:25,640 Speaker 3: how to say, confirmation that many investors are looking for 58 00:03:25,760 --> 00:03:30,360 Speaker 3: profitable business with really significant and predictable cash flow. 59 00:03:31,800 --> 00:03:35,800 Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with 60 00:03:35,880 --> 00:03:38,480 Speaker 2: us throughout the day for the latest roundup of companies 61 00:03:38,560 --> 00:03:41,640 Speaker 2: making news on Wall Street and for the latest market 62 00:03:41,680 --> 00:03:46,160 Speaker 2: moving headlines. Listen to Bloomberg Radio Live. 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