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This is the closing bell on the Stock Movers report the company's making moves at the close of US trading with Carol Masser, Tim Stenovak, Romain Bostik, and Katie Greifel.
I'm going to go to some of the outperformer sand discs, certainly on that list. I believe it's the top gainer in the S and P five hundred today. I mean, this one just continues to be on a tear and you can see in today's session this one up another fifteen percent in today's session. Company is up about oh more than one hundred and eighty percent year at a date. That's and it's up about seventeen hundred percent since it was spun off last February. It was spun off, of course,
from Western Digital. What's interesting is you continue to see analysts coming out and they have been upping their price targets on the company. Since it reported earnings on January twenty ninth, teen analysts have raised price targets by an average of eighty six percent. No analysts have cut price targets on the company, and we did see the twelve month price target is about six hundred and seventy five fifty eight versus about four hundred and eighty one pre earning,
So just a little bit of a context there. Let's go to Western Digital, also an outperformer in today's session. I think this may have been the number two gainer in the S and P five hundred, number three forgive me, and that one is up about almost eight percent in today's session. This is another one different in terms of the product offering for sand discs, but they both have an AI story connected to them. And this one's up about sixty percent year to date and up about almost
three hundred percent in twenty twenty five. But again it has to do with analysts raising their price targets. I'm going to go back to just one other gainers. It's not a household name, Peakstone real Ty ticker's PKST. This one up thirty three percent, so pretty much finishing at its highs of the session. Share surging after the Canadian private equity firm Brookfield Asset Management said it will buy
the Industrial Rate for twenty one dollars per year. It's an all cash transaction valued at about one point two billions, so that represented a thirty four percent premium to Peaks Joe's closing price on January thirtieth, so kind of moving up representing that premium. So that was definitely an outperformer.
Okay, well, as we await earnings from Pallentier, let's get back to Elon Musk's empire, and that would include Tesla being one of the main decliners in the S and P five hundred today European sales. That slump carried into this year. Registrations of new vehicles plummeted in two of the region's leading markets for battery evs. Tesla French sales fell forty two percent in January. Just six hundred and sixty one cars were sold. Norway registrations plunk eighty eight
percent in January. This is nothing new, as people have pushed back against Elon Musk around the world.
This Stock Movers report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall Street. 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.