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Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 1: I'm Carol mass along a Tim Stent OFIC. Let's get

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Speaker 1: to some stocks on the move with us as Bloomberg

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Speaker 1: News Equities reporter Avalon Purnell. Here with stock Movers. We

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Speaker 1: got some earnings after the closing bell, We sure did.

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Speaker 3: We can start off with Kappa Group. That's ticker CAVA.

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Speaker 3: That stock is jumping nearly seven percent postmarket after the

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Speaker 3: Mediterranean Chain forecast bettered and expected comparative sales for the

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Speaker 3: year and also reported revenue for the fourth quarter do

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Speaker 3: beat expectations, which is great. It's kind of interesting as

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Speaker 3: well since Coppa's bucking the trend. I'm all like fast

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Speaker 3: casual Chipotle hasn't really been doing well. Sweet Green is

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Speaker 3: known as not being the best in this current situation

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Speaker 3: amongst like younger diners who have been looking elsewhere amid

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Speaker 3: price increases, So definitely good news from that area, and

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Speaker 3: also worth noting that Sweet Green will be reporting later

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Speaker 3: this week, so it'll be kind of curious to see

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Speaker 3: if peers are going to be doing as well as.

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Speaker 1: Commas, up like almost sixteen percent year to date, So

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Speaker 1: it really has been uplorming.

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Speaker 4: See what what it has been doing since those all

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Speaker 4: time highs a year ago.

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Speaker 1: Yeah, it was wheny dgs to the data sets in.

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Speaker 4: December twenty twenty four. Is out one hundred and fifty

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Speaker 4: dollars a share, sixty seven dollars a share right now.

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Speaker 1: Yeah, so that's a big haircut, all right, but at

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Speaker 1: least in the aftermarket investors are pretty happy.

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Speaker 4: So more than fifty percent since then.

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Speaker 1: Yeah, yeah, that's a big move to the downside.

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Speaker 4: Sweet Green's getting wraps apparently.

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Speaker 3: Yes, I'm excited. My sister texts me about that earlier today, so.

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Speaker 4: So I like this that you're excited about this, And

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Speaker 4: meanwhile Carol's just shaking her head.

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Speaker 1: First of all, I don't know why anybody would do

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Speaker 1: a rap, because it's like extra calories you don't need,

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Speaker 1: just do a salad, keep it healthy. I don't anytime

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Speaker 1: somebody's giving me a rap, I'm like, I unfolded, I

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Speaker 1: bill out the pieces. Interesting, you don't need a wrap. Sorry,

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Speaker 1: Sweet Green. I liked it. I've always liked.

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Speaker 4: Their stud I think one of the Chipotle founders. We

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Speaker 4: talked about this like over the summer. I think one

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Speaker 4: of the Chipotle founders, Steve El's I don't remember who

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Speaker 4: is Okay, he's starting a new anti slop bowl. H

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Speaker 4: really yeah, restaurant concept and it's about sandwiches.

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Speaker 1: Oh, sandwich is also messy. Give me a salad with

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Speaker 1: a fork. I'm sure you happy.

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Speaker 4: She wants a slop bowl a slop bull.

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Speaker 1: That's all right. No segue from slap bowl to PayPal.

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Speaker 1: But we did have some news late today that had

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Speaker 1: this stock movie.

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Speaker 3: Yes, PayPal ticker p YPL jumped about six point seven

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Speaker 3: percent into the close, that's the most since April, after

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Speaker 3: a report from Bloomberg saying that Stripe, which for those

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Speaker 3: who are unfamiliar, is a payment processing firm, is considering

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Speaker 3: acquiring all or part of PayPal, according to people familiar.

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Speaker 3: So the deliberations are definitely still early, so there's no

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Speaker 3: certainty of a deal. But I found this development to

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Speaker 3: be really interesting because PayPal has suffered a bit in

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Speaker 3: recent years amongst increasing competition in the digital payment space,

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Speaker 3: so really interesting.

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Speaker 1: There are a lot of choices when you need to

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Speaker 1: like make a payment, it's like kind of all over

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Speaker 1: the place. PayPal down twenty percent this year, but obviously

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Speaker 1: some momentum in terms of maybe some interest in buying

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Speaker 1: interest what we lost you to slop bowls.

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Speaker 4: Yeah, I'm trying to do it. I'm trying to.

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Speaker 1: Whenever it gets quiet, it's like we're talking about something

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Speaker 1: that I want to make sure I.

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Speaker 4: Know who did this, but I will go find it. Sorry,

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Speaker 4: I'm listening avalon.

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Speaker 1: I know.

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Speaker 4: I was thinking that there's we don't know if this

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Speaker 4: deal is going to happen, but there's no sort of

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Speaker 4: like more representation of something that's in like.

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Speaker 1: Really slop bowl Hell so I blamed Tim, but go ahead.

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Speaker 4: A new fintech company buying like og.

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Speaker 1: When it comes to fintech, it's kind of wild, right,

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Speaker 1: It's extremely wild. Yeah, but this is disruption of you know,

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Speaker 1: of the disruptors. If you will listen, let's go to

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Speaker 1: the JLP ONEPA because it's something we talked about a

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Speaker 1: lot on Monday. We continue the conversations today. I do

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Speaker 1: feel like there's a little bit of a battle between

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Speaker 1: all these companies going on.

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Speaker 3: Yes, it's definitely been another rough day for Novo Nordists.

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Speaker 3: Scott ticker is Envo. It closed down about two point

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Speaker 3: six percent and is back down to its lowest level

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Speaker 3: since twenty twenty one. That's after announcing that it plans

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Speaker 3: to slash US prices for its weight loss drugs we

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Speaker 3: go V and ozempic by as much as fifty percent

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Speaker 3: starting next year. And what I think was really interesting

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Speaker 3: about this is that the investors that I spoke with

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Speaker 3: towards the start of the year mentioned that there major

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Speaker 3: concerns with the obesity space was this potential race to

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Speaker 3: the bottom with pricing, and it seems as though those

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Speaker 3: concerns could be correct. That's at least been reignited on

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Speaker 3: this plan, and that's partially why Eli Lilly, It's peer

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Speaker 3: also ticker llly, also went down on those headlines, closing

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Speaker 3: down about one point six percent.

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Speaker 1: It's definitely an area that we are keeping a watch on. Hey,

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Speaker 1: on those slap balls, I think I found the story.

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Speaker 4: It is devals, Yes it is, and it's called counter service.

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Speaker 4: I'm so sorry.

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Speaker 1: Coming back, Yeah, ocaly coming back. Steve Bel's has a

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Speaker 1: new concept, counter Service. There's a redney on sign depicting

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Speaker 1: a lunch ball with a slash through it. It's a

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Speaker 1: ball free zone reinforced by a website that proclaims we

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Speaker 1: love sandwiches and anything as long as it can go

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Speaker 1: in bread.

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Speaker 4: I do love bread though, that's what it was, bread

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Speaker 4: and butter. When was that from twenty twenty?

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Speaker 1: That's a red wine put me in prison. I'm happy.

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Speaker 3: I mean I would also love it, depending on the

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Speaker 3: price exactly exactly.

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Speaker 1: Listens Steve Al's definite disruptor when it comes to that space.

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Speaker 2: This stock mover's report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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