Bloomberg Audio Studios, podcasts, radio news, The.
Stock Movers Report, your roundup of companies making moves in the stock market harnessing the power of Bloomberg data.
It's called the flu Paul Sweeney live here on a Bloomberg Interactive Broker studio, streaming live on YouTube as well. Boy Green on the screen. That's for sure. Let's take a look at some of the stocks on the move today. We're joined by Bloomberg Christina, you know, Christine, what are you looking at?
Well, Paull, it's not just tech that is leading this rally today. We have a rally in a lot of other companies as well, including Bristol Myers so ticker bmy Those shares are up more than four percent at the moment. So interestingly, it's actually benefiting not necessarily from its own news, but because of news from it's a competitor, Bear, but
has positive read across for this company. So Bear's experimental stroke prevention drug saw some positive results in counter Fitzgerald analyst saying that Bear's data supports confidence and bmise oh in the program in secondary stroke prevention, and so very interesting, especially because in the context of earlier declines earlier this month because bmwy's most important experimental medicines appeared unlikely to benefit patients who suffered a hard complication. So that was
a setback earlier this month. But now looks like they're benefiting from this positive results from Bears, a stroke prevention drug. So there you go, all.
Right, good stuff. Second stock you're watching.
We're looking at Cooper Companies today, So took her COO. Those shares up just slightly h four tens of one percent now, So Cooper Companies, it's a maker of medical devices and surgical instruments, is getting a little bit of activist action, actually, so investors. Branding West writing a letter to its board saying that it's quote inadequate oversight, has a lot of company to significantly underperform a mis financial guidance.
So apparently Branding West is recommending director candidates and is urging the company need to pause any restructuring effort. So clearly maybe something that could be weighing on a stock today. That's why it's not rallying as much as the rest of the complex.
All right, one more Warner Brothers, Discovery, Wonder Brothers, any news.
Hit, well, no news yet. The news is that there's no news is evidently weighing on the stock today, so ticker WVD those airs are down one point six percent. We did get bids from Netflix, Comcast, Paramounts, Guide Dance, all within the November twentieth deadline, but now investors are really just wondering when are we get going to get the news, because if they don't reach a deal, then they just might just continue. It's their plan to separate
their cable networks from the rest of the businesses. They're hoping to make a decision by Christmas, but doesn't seem like, you know, we're getting anywhere close. I mean, the bids are interesting, right, so Comcasts in Netflix primarily interested in the film and TV library, and Paramount is willing to
buy the entire company. But I think the uncertainty just really comes from the fact that this is potentially going to be it's for owner in seven years, and so you can imagine investors not really liking the lack of certainty around its ownership moving forward.
The Stockmover's report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall Street and for the latest market moving headlines. Listen to Bloomberg Radio Live. Catch us on YouTube, Bloomberg dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.