Stock Movers

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

On this episode of Stock Movers:

- CVC Capital Partners and EQT AB are among the large buyout firms considering potential bids for a majority stake in Siemens Energy steam turbines business, according to people familiar with the matter.

- Vistry shares rise as much as 12%, the most in over four months, after the housebuilder announced it has secured £350 million of funding from the UK government’s £39bn Social and Affordable Homes Programme. 

- Melrose Industries announced three developments related to the recent incident at GKN Aerospace’s Garden Grove facility in California, including a claims program of up to $100 million for eligible residents and businesses.

See omnystudio.com/listener for privacy information.

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

On this episode of Stock Movers:

- Mitsubishi UFJ shares rise after banks around Asia have benefited from the outflows from tech company stocks. 

- Xpeng shares fall as much as 9.1% after the Chinese EV maker announced September quarter revenue and vehicle delivery guidance that was below the consensus estimate.

- WuXi XDC shares surge as much as 12% after the company posted strong first-half sales and net income growth.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- Expedia (EXPE) shares climb as much as 5.1% on Monday to reach an intraday record after Evercore ISI lifted the price target on the online travel agency to a Street-high $430 from $375. Maintains outperform rating.

- Hims & Hers Health (HIMS) is down 9% after the telehealth platform was put on notice by Visa Inc. for excessive customer complaints in its weight-loss subscription business.

- Napco Security Technologies (NSSC) shares rise as much as 36%, the most intraday since 2010, after the maker of security and fire alarm systems reported adjusted Ebitda for the fourth quarter that topped estimates.

See omnystudio.com/listener for privacy information.

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 Bostic, Emily Graffeo, Norah Mulinda, Tim Stenovec

- Expedia (EXPE) shares climb as much as 5.1% on Monday to reach an intraday record after Evercore ISI lifted the price target on the online travel agency to a Street-high $430 from $375. Maintains outperform rating.

-IMAX climbs 3.4% and Cinemark (CNK) gains 5.4% after the release of weekend box office numbers that B Riley’s Drew Crum dubbed as “solid.” Domestic box office for August 21 through August 23 amounted to $129 million, up 64% year-over-year, led by Spider-Man: Brand New Day, Crum said

- Canada Goose Holdings (GOOS) shares fall after it was downgraded to underweight from overweight at Wells Fargo Securities as it sees weather and tariffs weighing on the parka maker’s full-year earnings.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- Expedia (EXPE) shares climb as much as 5.1% on Monday to reach an intraday record after Evercore ISI lifted the price target on the online travel agency to a Street-high $430 from $375. Maintains outperform rating.

- Canada Goose Holdings (GOOS) shares fall after it was downgraded to underweight from overweight at Wells Fargo Securities as it sees weather and tariffs weighing on the parka maker’s full-year earnings.

- Hims & Hers Health (HIMS) is down 9% after the telehealth platform was put on notice by Visa Inc. for excessive customer complaints in its weight-loss subscription business.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

-Canada Goose (GOOS) shares fall. The company was downgraded to underweight from overweight at Wells Fargo Securities as it sees weather and tariffs weighing on the parka maker’s full-year earnings. Analyst Ike Boruchow notes that Canada Goose faces increasing macroenvironmental risks like the 50% tariffs the US put on Canada.

-Steel Dynamics (STLD). US and Canadian metals, lumber, automotive and retail stocks are moving on Monday as Canada is set to apply counter-tariffs on $20 billion of US products on Sept. 8 after the US implemented a new 50% tax on imports of hundreds of Canadian items.

-Applied Optoelectronics (AAOI) shares fall. Shares of companies involved in artificial intelligence infrastructure are falling in the latest example of heavy volatility in the group, as investors debate whether the group’s year-to-date strength has outpaced a positive fundamental backdrop.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Paramount Skydance (PSKY) shares drop. According to the Wall Street Journal, California Attorney General Rob Bonta's office cancelled a planned meeting with Paramount Chief Executive David Ellison to discuss settling a lawsuit over the company's purchase of Warner Bros. Discovery.

- Ulta (ULTA) shares rise ahead of second quarter earnings. According to Bloomberg Intelligence: Ulta Beauty's fiscal 2Q revenue growth likely exceeded the 5% average implied for 2Q-4Q by full-year guidance, supported by about two months of incremental Space NK revenue before it laps the the July 2025 acquisition.

- Sandisk (SNDK) shares fall. Shares of companies involved in artificial intelligence infrastructure are falling in the latest example of heavy volatility in the group. Investors debate whether the group’s year-to-date strength has outpaced a positive fundamental backdrop.

See omnystudio.com/listener for privacy information.

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

On this episode of Stock Movers:

- Alibaba (BABA) is tumbling after announcing a plan to raise about HK$80 billion ($10.2 billion) from a share sale. The share placement is expected to dilute earnings and hurt stock performance in the near term, analysts said. Meanwhile, the fundraising will help drive AI-led growth and the impact on earnings will be limited if the company can improve AI payoffs, they added. The tech and chip sectors are seeing a broader selloff globally.

- SoftBank (SFTBY) is moving on news it plans a record ¥1 trillion retail bond sale to raise funds for its investment commitments to OpenAI.

- Bitcoin (BTC) is continuing its rally. Spot Bitcoin exchange-traded funds had their strongest weekly inflow in 10 months last week as the original cryptocurrency surged.

See omnystudio.com/listener for privacy information.

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

On this episode of Stock Movers:

- Alibaba (BABA) is tumbling after announcing a plan to raise about HK$80 billion ($10.2 billion) from a share sale. The share placement is expected to dilute earnings and hurt stock performance in the near term, analysts said. Meanwhile, the fundraising will help drive AI-led growth and the impact on earnings will be limited if the company can improve AI payoffs, they added. The tech and chip sectors are seeing a broader selloff globally.

- Steel Dynamics (STLD) and other US steel firms are driving higher as Nucor, Steel Dynamics, Cleveland-Cliffs and Century Aluminum are likely winners from U.S.-Canada trade talks breaking down. All four stocks were higher early Monday after tumbling last week on the prospect of a Canada trade deal that would lower U.S. tariffs on steel and aluminum.

- Applied Optoelectronics (AAOI) is declining as it launched a $600 million at-the-market equity offering, which raised dilution concerns among investors.

See omnystudio.com/listener for privacy information.

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

On this episode of Stock Movers:

- BW Offshore shares fell as much as 16%, the most since March 2020, after the Norwegian offshore services firm cut its full-year guidance for Ebitda.

- Banca Generali shares slumped after it said it is evaluating an unsolicited bid from Banca Monte dei Paschi di Siena, as part of Monte Paschi Chief Executive Officer Luigi Lovaglio’s attempt to create a massive new Italian bank. 

- Shell shares fall after the Financial Times reported that its US chemicals assets have drawn interest from potential bidders including ExxonMobil, LyondellBasell, Apollo and Kuwait Petroleum Corporation’s chemicals arm.

See omnystudio.com/listener for privacy information.