Stock Movers

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers: 

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

- Madison Air (MAIR) shares rose 18% after the company raised $2.23 billion in the biggest US listing of an industrial firm in close to three decades. Shares of the provider of ventilation and filtration systems closed at $31.75 on Thursday, compared to the initial public offering price of $27 each. The company sold 82.7 million shares after marketing them for $25 to $27 apiece. The trading gives the Chicago-based company a market value of about $15.5 billion based on the number of outstanding shares listed in its filings.

- PepsiCo (PEP) said it’s starting to see salty snack sales grow after the company cut prices earlier this year. The maker of Doritos and Lay’s said its strategy of slashing prices by up to 15% in some brands and reducing internal costs through layoffs and plant closures was starting to pay off. After years of declines, organic revenue in its North American foods division increased 1% and volume grew 2%, the company said in its first quarter earnings Thursday. Shares closed higher in trading on Thursday.

- Netflix (NFLX) shares plummeted despite reporting revenue that beat analysts estimates in the first quarter, buoyed by strong subscriber growth. But, afterhours shares fell. Reed Hastings will step down from the board of Netflix Inc. when his term ends at the annual meeting in June, ending a 29-year-run at the streaming pioneer he co-founded. Hastings, who presently serves as Netflix’s chairman, plans to focus on philanthropy and other pursuits, the company said Thursday as it reported first-quarter results.

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On this episode of Stock Movers:
- Hims & Hers shares are extending their advance for a second straight session, gaining as much as 8.4% on Thursday. The telehealth firm’s stock rallied 14% on Wednesday, after HHS Secretary Robert F. Kennedy Jr. said the FDA is seeking to remove 12 peptides from Category 2 restrictions
-Abbott (ABT) shares slide as much as 5.1% to the lowest intraday level since 2023 after the medical-devices firm cut its adjusted earnings per share guidance for the full year due to the impact of its acquisition of Exact Sciences. Abbott also gave profit guidance for the second quarter that fell short of expectations.
- Allbirds Inc.'s stock sank as much as 31% on Thursday after soaring more than 582% a day prior due to its pivot to artificial intelligence infrastructure. The company's pivot and the stock's reaction were met with incredulity, with analyst Dylan Carden calling Wednesday's surge "by any measure a Hail Mary" for a stock that has lost about 96% of its value since it went public in 2021.

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On this episode of Stock Movers:
-JB Hunt (JBHT) shares climb 6.1% Thursday to a record high after the company reported earnings per share for the first quarter that beat the average analyst estimate.
- Charles Schwab (SCHW) reported first-quarter revenue that slightly missed estimates even as the brokerage continued to attract the wealth of retail investors amid geopolitical uncertainty. Schwab shares slipped 3.7% at 9:44 a.m. in New York, and are down 3.5% this year.
- Abbott (ABT) shares slide as much as 5.1% to the lowest intraday level since 2023 after the medical-devices firm cut its adjusted earnings per share guidance for the full year due to the impact of its acquisition of Exact Sciences. Abbott also gave profit guidance for the second quarter that fell short of expectations.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- PepsiCo Inc.’s quarterly revenue and earnings beat expectations, as the maker of Doritos and Lay’s sees improvement in salty snacks volume following recent price cuts. Organic sales, which strips out items such as currency swings and acquisitions, increased 2.6% in the first quarter, the company said in a statement Thursday, outpacing analysts’ average estimate. Earnings per share, excluding some items, also exceeded projections.
- Netflix’s (NFLX) stock struggled through the winter as the company engaged in a bidding war for Warner Bros. Discovery Inc. But since ending the chase two months ago, the company has gotten back to basics, a strategy welcomed by investors and that’s expected to be validated when it reports earnings after the close.
- Shares of Alibaba (BABA) advance after the company announced it will raise prices for its anti-DDoS services that protect enterprise clients from cyber attacks.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- PepsiCo’s (PEP) quarterly revenue and earnings beat expectations, as the maker of Doritos and Lay’s sees improvement in salty snacks volume following recent price cuts.
- Taiwan Semiconductor Manufacturing Co. (TSM) raised its revenue outlook for 2026, an upbeat forecast that underscores the resilience of AI chip demand despite concerns about the economic fallout from the Middle Eastern conflict.
- Alibaba Group Holding (BABA) launched a new AI model that can be used to develop games and generate videos simulating the real world, expanding its suite of products to challenge Tencent Holdings Ltd. as it looks to monetize the technology.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- EasyJet shares fell the most in almost four years after the UK budget airline warned of a loss in the first half year, caused by the disruption from the Iran war.
- Swiss chocolate maker Barry Callebaut AG said profit will decline this year, cutting its outlook after a sharp drop in cocoa prices.
- Tesco Plc said the war in the Middle East is creating uncertainty for shoppers that risks weighing on Britain’s biggest supermarket as the ripple effects of the conflict play out.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Active Stoxx Europe 600 futures climb 0.2%, while Euro Stoxx 50 futures advance 0.3%. Below are the biggest movers among Stoxx Europe 600 members that traded with at least 10,000 euros worth of shares on Tradegate before the European market open.
- EasyJet shares fell the most in almost four years after the UK budget airline warned of a loss in the first half year, caused by the disruption from the Iran war.
- Banca Monte dei Paschi di Siena investors backed another term for ousted Chief Executive Officer Luigi Lovaglio, marking a triumphant victory for the veteran leader after the board tried to get rid of him.

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On this episode of Stock Movers:

- Shares of Live Nation (LYV) sank on Wednesday after a jury found that the Ticketmaster parent had acted as an illegal monopoly over the ticketing industry, according to reports. Live Nation (LYV) did not immediately respond to a request for comment. Shares were down 6.3% on Wednesday

- Shares of telehealth firm, Hims & Hers (HIMS) climbed as much as 11% on Wednesday after HHS Secretary Robert F. Kennedy Jr. said the FDA is seeking to remove 12 peptides from Category 2 restrictions.

- Allbirds (BIRD) shares are surging Wednesday morning after the company said it signed a definitive agreement for a $50 million convertible financing facility and plans to pivot into AI compute infrastructure following its previously announced sale of the Allbirds brand and footwear assets to American Exchange Group. The company's stock went up as much as 461% after the opening bell in reaction to the announcement.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

- Allbirds (BIRD) shares are surging Wednesday morning after the company said it signed a definitive agreement for a $50 million convertible financing facility and plans to pivot into AI compute infrastructure following its previously announced sale of the Allbirds brand and footwear assets to American Exchange Group. The company's stock went up as much as 461% after the opening bell in reaction to the announcement.

- Snap (SNAP) shares rise as much as 8.9% on Wednesday, after the social-media company announced layoffs of roughly 1,000 full-time employees, or 16% of its global workforce, to reduce costs and achieve profitability, that analysts see as positive. The job cuts and pullback on hiring will reduce Snap’s annualized cost base by more than $500 million by the second half of this year, according to Chief Executive Officer Evan Spiegel.

- Shares of Live Nation sank on Wednesday after a jury found that the Ticketmaster parent had acted as an illegal monopoly over the ticketing industry, according to reports. Live Nation (LYV) did not immediately respond to a request for comment. Shares were down 6.3% on Wednesday.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Morgan Stanley (MS) shares rise. Morgan Stanley's stock traders had a record-breaking first quarter, with $5.15 billion from equity trading in the first three months of the year. The firm's wealth business pulled in $118.4 billion in net new assets, and investment-banking fees climbed 36% in the quarter to $2.12 billion.
- Robinhood (HOOD) shares soar. Exchange stocks are rising after the US Securities and Exchange Commission approved a plan to remove $25,000 minimum equity requirements for day traders.
- Allbirds (BIRD) shares surge. Allbirds Inc. announced a new business plan, AI computing infrastructure, just before it planned to close down for good. The company's stock went up as much as 461% after the opening bell in reaction to the announcement.

See omnystudio.com/listener for privacy information.