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. Let's take a look at some of the stocks on the moves today. We can do that with Bloomberg Television's markets correspondent nor Me Linda no Abody looking at it.
Let's take a look at shares of Dexcom tick our DXCM. We know this is the medical device maker, pretty popular at least for those who have diabetes that tends to They have a lot of devices that monitor glucose levels for those with diabetes. We're seeing shares of the stock up more than eight point three percent right now earlier, hitting its biggest gain since June. Now, this is after the company met its fourth quarter met the average analyst
estimate in terms of revenue. William Blair. Analysts are also calling out the fact that they think that the company has a favorable setup for a twenty percent plus EPs growth with potential upside. So you're clearly seeing this as a tailwind to the company today. Shares of the company up about six point four percent so far this year. All right, one of the companies that reported earnings yesterday is on your radar, yes, and it is really deep in the red. We're looking at DraftKings take our DKNG
shares are falling as much as sixteen percent today. That is the worst intra day dropped since twenty twenty two. Now, this is after the sports betting company's revenue forecast for the year missed the average analyst estimate. I mean Flutter Entertainment, which owns Fandel is also falling in sympathy, so we didn't see shares of that also tumbling off of the news. But really interesting, as we're really seeing this stock has
really had a tough start to twenty twenty six. If we take a look at the action that we've been seeing since the start of the year, we're seeing that this stock is down about thirty seven percent so far this year. All right, one more lastly, looking at Pinterest. Of course pi ns not a pretty day for them either, stock falling as much as twenty five percent. That's the worst in almost four years. We of course know that the company projected sales for the current quarter that missed
the average analyst estimate. It's reported first quarter revenue. It's expected to be nine hundred and fifty one million dollars to nine hundred and seventy one million dollars. That is lower than the average analyst estimate of nine hundred and eighty one million dollars. And we also know that, of course, they did have the layoffs just back in January, and they're really making this pivot, a shift toward artificial intelligence. So I want to see how that works out for them,
but also a stock that's really suffering this year. Stock is down forty four percent and twenty twenty six and it's smid February.
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