Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg data.
Speaker 1: All right, I'm Carol Master along with Emily Graffeo. Let's
Speaker 1: get to some stocks on the move with us to
Speaker 1: do that. Bloomberg New Stocks reporter Carmen Rhyanicky Carmen watching
Speaker 1: kind of the moves. It was an interesting day, an
Speaker 1: odd day. I think it's even safe to say where
Speaker 1: should we begin.
Speaker 3: Yeah, well let's start with JM. Smucker. It's this ticker SGM.
Speaker 3: Talk about an odd day. So shares here, we're up
Speaker 3: ten percent, the best day since two thousand and eight,
Speaker 3: and the top performer on the S and P five
Speaker 3: hundred index today. That's what I find seems wild, right,
Speaker 3: I mean, I don't know that I've ever seen you know, JM.
Speaker 3: Smucker leading the S and P five hundred. I've been
Speaker 3: covering markets for a long time. You know, usually obviously
Speaker 3: we're seeing a big tech stock's a big even on
Speaker 3: rotational days, you wouldn't think that you would see this company.
Speaker 3: So they had solid earnings. It sent the shares higher,
Speaker 3: and you know, we had this big rotation trade today
Speaker 3: and jam Smucker was on top twelve billion dollars in
Speaker 3: market cap, which it sounds like, Oh, it's a little company,
Speaker 3: jam Smucker. Of course small relative to the stocks that
Speaker 3: are leading the S and P five hundred, but I
Speaker 3: mean it's it's that's still pretty big. Well, it's a
Speaker 3: household name, right, Like, we all know the products from this,
Speaker 3: We all know the jams.
Speaker 1: So yeah, we did right, right, But they do a
Speaker 1: lot of different products, which is which is kind of interesting.
Speaker 1: All right, let's go on to Hine Health.
Speaker 3: Yeah, so this is actually moving in the after hours.
Speaker 3: This is ticker h n g E, and shares are
Speaker 3: app think about three percent right now, so not a
Speaker 3: ton of volume here in the after hours, but we're
Speaker 3: seeing a little bit of a move basically. The company.
Speaker 3: They boosted its full year revenue forecast and they're having
Speaker 3: an investor day tomorrow, so they report earnings a little
Speaker 3: bit later in the summer. I think in August is
Speaker 3: when it's anticipated. But they gave some more details here
Speaker 3: than investors are excited about, especially going into this day tomorrow.
Speaker 3: This company healthcare software company. It's small and it is
Speaker 3: about a year I think post listing they do physical therapy.
Speaker 3: It's it's actually a benefit disclosure. Oh for us, I
Speaker 3: think so, I think you're right on that.
Speaker 1: Half the year is over.
Speaker 3: Okay, I can't yeh, Like it's like virtual physical therapy. Okay.
Speaker 1: Some four p eight billion dollar market cap up thirty
Speaker 1: five percent year to day. Yep, yeah, okay. Interesting. Eight
Speaker 1: and a half percent of the float is short So interesting.
Speaker 1: Oh and one of our producers saying they're getting into
Speaker 1: migraine treatments, which I know is a thing that a
Speaker 1: lot of folks have to deal with. Let's get to
Speaker 1: Cracker Barrel.
Speaker 3: Yes, so Cracker Barrel ticker CBRL. This is up about
Speaker 3: eleven percent right now postmarket. It is off its session high.
Speaker 3: It was of about fifteen percent. So the company reported earnings,
Speaker 3: boosted its revenue guidance for the full year. It beat
Speaker 3: the average estimate. This is also a highly shorted name,
Speaker 3: so short interest is about twenty seven percent of float
Speaker 3: according to US three partners. And we I mean, this
Speaker 3: is one that's come up for our sort of a
Speaker 3: myriad of interesting reasons. It's kind of been avo little
Speaker 3: stock and had some interesting headlines around it and you know,
Speaker 3: remember the logo and all brands brand exactly. So interesting
Speaker 3: again to see it moving so much. It's it's a
Speaker 3: smaller company, and I think is generally.
Speaker 1: Forty three percent you're today it's coming off a streak
Speaker 1: of no judge, just impressibly it is.
Speaker 3: It is, especially if you look back, it's it's declined
Speaker 3: every year since twenty nineteen on an annual basis. So
Speaker 3: I'm hungry.
Speaker 1: Have you ever been to a cracker barrel?
Speaker 3: I have?
Speaker 1: I have to like road trips, right, the trip that's
Speaker 1: what that's what have you ever been to?
Speaker 3: One hundred percent would go. I think it was family friendly.
Speaker 3: My parents took me and all my siblings.
Speaker 1: Great for kids, and it's really great for them. I
Speaker 1: mean there was a point when it was one hundred
Speaker 1: and seventy eight dollars a year back in twenty twenty one.
Speaker 2: Yep.
Speaker 3: Well it's a huge restaurant, right, I mean it's a
Speaker 3: huge chain. It's all over the United States, and I
Speaker 3: think it's one that's maybe kind of gotten pushed over
Speaker 3: with some more fast casual Maybe isn't exactly in that.
Speaker 1: It's been a hard space right for definitely, But.
Speaker 3: You're a Midwestern girld Right exactly, Yeah, yes Sam.
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