WEBVTT - Ford Soars, Alaska Air Slumps, Deckers Fall

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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 1>I'm Carol Masser along with Tim Staneveek. Hey, let's get

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<v Speaker 1>to some stocks on the move today. With us is

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<v Speaker 1>Bloomberg TV Markets correspondent Noura Melinda Nora.

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<v Speaker 3>Good to have you here. Where shall we start?

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<v Speaker 4>Yes, Happy Friday. I'm looking as shares a forward. This

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<v Speaker 4>is the biggest gainer in the S and P five

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<v Speaker 4>hundred right now. That's ticker F keeping it easy for

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<v Speaker 4>us there seeing its best day in almost four years.

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<v Speaker 4>This is a company really signaling that it will largely

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<v Speaker 4>bounce back next year from a devastating fire that we

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<v Speaker 4>did see at one of the key suppliers, that of

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<v Speaker 4>aluminum for its F one point fifty pickup truck. Of course,

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<v Speaker 4>the company also talking about a profit beat here and

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<v Speaker 4>a boost to product production more generally. So we are

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<v Speaker 4>seeing shares up for double page gains right now. But

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<v Speaker 4>if you look on a year to date basis shares

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<v Speaker 4>a forward or up about forty one percent, So looks

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<v Speaker 4>like it's a great day to be a Ford shareholder today.

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<v Speaker 1>Listen, it's a great interview to you by our own

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<v Speaker 1>team Matt Miller and Remain Bostik with the Ford CEO

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<v Speaker 1>Jim Farley. Highly recommend everbody check it out on the

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<v Speaker 1>Bloomberg I mean, Ford ticker F is now a forty

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<v Speaker 1>percent here.

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<v Speaker 3>In twenty twenty five. Our performance in a big way. Yeah,

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<v Speaker 3>well here it's not been an easy path though.

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<v Speaker 5>We're kind of doing planes, trains and automobiles today we are.

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<v Speaker 5>Let's go to the air and see what's going on.

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<v Speaker 4>Yeah, not a pretty picture here, at least for Alaska Air.

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<v Speaker 4>That's sicker.

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<v Speaker 3>Alk.

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<v Speaker 4>We're seeing shares falling for the lowest level since April,

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<v Speaker 4>down as much as six point seven percent, and this

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<v Speaker 4>is after it reported a worse than expected third quarter results.

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<v Speaker 4>But not only that, they also canceled hundreds of flights

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<v Speaker 4>this due to an IT outage. And we know that

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<v Speaker 4>this is the second outage that the company has dealt

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<v Speaker 4>with in terms of an IT glitch in the past

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<v Speaker 4>three months. So of course you are seeing the street

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<v Speaker 4>really reacting too. The shares down about five point eight

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<v Speaker 4>percent right now as we speak, but year to date,

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<v Speaker 4>stock is down about thirty two percent.

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<v Speaker 5>Don't unplug that surge protector, you know, just don't do it.

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<v Speaker 2>Don't do it.

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<v Speaker 3>The answer hear, what happens, It happens. Come on, guys,

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<v Speaker 3>be careful. So true. Not a good thing, Not a

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<v Speaker 3>good thing. Let's go to I gotta say I love

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<v Speaker 3>my Ugs Hocus too. No, I don't have you love.

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<v Speaker 5>But they're not part of this company.

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<v Speaker 1>They're not that ye I'm sorry, No, no, no, a separate,

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<v Speaker 1>publicly traded company, completely separate.

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<v Speaker 4>Right, So Deckers, Deckers take our deck d E c K.

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<v Speaker 4>We're seeing shears down on pace to close at the

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<v Speaker 4>lowest level in almost two years, falling as much as

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<v Speaker 4>fifteen percent. This is because the company reported a week

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<v Speaker 4>twenty twenty six sales forecast. We were even seeing uh,

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<v Speaker 4>of course, we know this is the owner of Ugs

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<v Speaker 4>and Hoka, as you mentioned here, but we are seeing

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<v Speaker 4>peer on holding what you called out just a bit

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<v Speaker 4>ago falling as well in sympathy, but and also really

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<v Speaker 4>saying in terms of Deckers here that the outlook make

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<v Speaker 4>me conservative, particularly coming from management here. They're saying that

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<v Speaker 4>this reflects management cautious view on US consumer spending amid

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<v Speaker 4>tariff driven price hikes so not that great right now.

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<v Speaker 4>I mean especially year today. If you look at shares

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<v Speaker 4>of Decker down fifty six percent.

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<v Speaker 3>I'm looking at t D Cowen. They cut their price

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<v Speaker 3>target on the stock.

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<v Speaker 1>They still kept their buy rating, but cut the price

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<v Speaker 1>target to one twenty four share from one twenty five.

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<v Speaker 1>This is now, I don't get that down.

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<v Speaker 5>You know, price cuts from Barkleys, Needam, Bernstein, Kelsey, Raymond James,

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<v Speaker 5>a lot all today.

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<v Speaker 3>Yeah, all of people buying ugs.

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<v Speaker 1>Well, you know I heard somebody talk about that with Uggs. Yes,

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<v Speaker 1>there's several pairs at my home. My daughter had them

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<v Speaker 1>when she's little. They were so great for little kids

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<v Speaker 1>because you just slide them on. Although I will say

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<v Speaker 1>that a lot of pediatricians are like, make sure you,

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<v Speaker 1>you know, give your kids real shoes with hard bottoms,

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<v Speaker 1>because it's much better for their feet. Having said that

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<v Speaker 1>that they were say, and then you know they've become

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<v Speaker 1>so seasonal in terms of past fair weather. That's fair

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<v Speaker 1>and that when they did I think was at uggs

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<v Speaker 1>sneakers that they just were really popular, so that that

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<v Speaker 1>maybe their product.

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<v Speaker 3>Mix they've got to kind of play around with.

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<v Speaker 4>Yeah, I heard they're comfy though I never owned a Pairent,

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<v Speaker 4>but that's.

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<v Speaker 3>What I've been told.

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<v Speaker 2>The Stock Movers Report from Bloomberg Radio. Check back with

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