WEBVTT - Grail Plunges; Deere, Herbalife Rise

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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 2>I'm Carl Messer along with Tim Stanwick. Let's get to

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<v Speaker 2>some stocks on the move back with us Bloomberg News

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<v Speaker 2>Equities reporter Avalon Parnale joining us here, and we're going

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<v Speaker 2>to start with an after hours one.

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<v Speaker 1>Yes, we are. We going to start off with Grails.

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<v Speaker 2>This is not a household name.

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<v Speaker 1>It isn't, but it's starting.

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<v Speaker 2>To maybe for Avalon it is okay, she covers healthcare, right.

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<v Speaker 1>It sure is. So it is an early cancer detection

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<v Speaker 1>test maker. They have this test called Gallery that in

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<v Speaker 1>theory is supposed to help people find out a little

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<v Speaker 1>bit more about cancer earlier. And the idea is if

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<v Speaker 1>you find out about your cancer earlier than in theory,

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<v Speaker 1>your outcomes should be better as well. However, today they had

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<v Speaker 1>some data out that showed that that test Gallery did

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<v Speaker 1>not meet a key goal of reducing combined stage three

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<v Speaker 1>and stage four cancer or diagnosis. And that's kind of

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<v Speaker 1>important because one of the main reasons behind getting this

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<v Speaker 1>test in general is because you know, you want doctors

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<v Speaker 1>to catch the cancer early and in theory it should

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<v Speaker 1>deal with better outcomes. If that's not necessarily what's going

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<v Speaker 1>to happen then for places like England with the NHS,

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<v Speaker 1>and it's probably going to be a little bit tougher

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<v Speaker 1>to sell that they should be implementing this across the country.

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<v Speaker 2>The stack has been on a tear.

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<v Speaker 1>It's up almost nineteen percent year to date.

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<v Speaker 2>It's so interesting, not necessarily one on a radar. Big

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<v Speaker 2>I think today's move is it still I don't know

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<v Speaker 2>if that after would happen.

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<v Speaker 1>Okay, that's why, yeah, yeah, yeah, And we'll see what

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<v Speaker 1>happens in the in the trade tomorrow. Big part of

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<v Speaker 1>the float is short too, about fourteen lower in the

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<v Speaker 1>after hours.

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<v Speaker 2>Oh yeah, okay, so not going to be positive on

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<v Speaker 2>the air. Was doing the expectations tomorrow. Yeah no, that's

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<v Speaker 2>a big one.

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<v Speaker 1>Okay, all right, where do we go next? Sorry, we

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<v Speaker 1>are going to be.

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<v Speaker 2>This is my aftermark, my numbers, silly numbers.

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<v Speaker 1>We are now heading towards the farm. So deer ticker

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<v Speaker 1>DEE shares finished up twelve percent to hit a record

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<v Speaker 1>high today. That's the highest level since at least nineteen

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<v Speaker 1>eighty number two gainer in the S and P five

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<v Speaker 1>hundred to twey exactly exactly, and that climb is coming

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<v Speaker 1>after detractor Maker boosted its profit outlook for the year

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<v Speaker 1>and is expecting an upturn potentially in the farming economy,

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<v Speaker 1>which is fairly different compared to its peer CNCH Industrial,

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<v Speaker 1>which actually said the opposite. It says that it's taking

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<v Speaker 1>a slightly more cautious stance and it's expecting that rebound

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<v Speaker 1>to happen in twenty twenty seven at the earliest. It's

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<v Speaker 1>a forty two percent year to date.

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<v Speaker 2>Woa.

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<v Speaker 1>Yeah, it's a big year, especially if you think that

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<v Speaker 1>potentially agriculture is going to be coming back.

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<v Speaker 2>Yeah.

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<v Speaker 1>See what else you got on you on your list

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<v Speaker 1>to circle us out? I have herbal Life ticker HLF,

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<v Speaker 1>which it shares jumped eighteen percent into the close, which

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<v Speaker 1>it's partially because of our story. We reported that the

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<v Speaker 1>world famous soccer player, or if you are outside of

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<v Speaker 1>the US, football player Cristiano Ronaldo plans to invest seven

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<v Speaker 1>point five million dollars and also provide sponsorshi rights to

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<v Speaker 1>take a ten percent stake in the new health and

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<v Speaker 1>wellness tracking service that is owned by Herbal Life.

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<v Speaker 2>What HBO pro to call software.

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<v Speaker 1>Yes, okay health and wellness tracking service.

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<v Speaker 2>I didn't know about this.

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<v Speaker 1>Yes, and Mizuko is actually calling that a pretty nice

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<v Speaker 1>addition to the company that had also solid fourth quarter earnings.

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<v Speaker 1>And considering the World Cup is later this year, aunt

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<v Speaker 1>Ronaldo's expected to play in, it could be well timed.

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<v Speaker 2>This stock Moover's report from Bloomberg Radio. Check back with

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<v Speaker 2>us throughout the day for the latest roundup of companies

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