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 where some of the stocks on the move today? Are we going to do that with Bloomberg? Christine? You know, Christine, what are you looking at today? All right, Paul, we got to take a look at some of the biggest laggers in a market today.
Talking about Intel ticker i NTC. Those shares are extending their declines out down more than a percent here, and that is because there's a lot of questions about this chip stock rally that seemed very unstoppable at one point, but then overnight we lost a lot of value in those companies. Intel of course, has added four hundred and forty billion dollars to its market cap since the end of March, but as a result, it has a lot
of short seller interests. So apparently short interest as a percentage of the company's float is near a fifty two week high. That's according to data from some analysts. And you know that is also that makes sense because Intel is currently the most expensive chip stock, and so on a day like today. You know, you've got to be watching out for some of short sellers circling the markets, because they're also appear to be circling around Micron and AMD as well as the chip stock sell off continues.
All right, so we will be watching Intel, but we've been watching Intel for a while.
Now.
What's second on your list? All right, let's say look at Qualcomb as well as carl It's ticker QCOM. Those shares also really getting battered here, down more than ten percent at the moment. You know, Training in a stock yesterday apparently rose to ten point eight billion dollars, that is two hundred and sixty seven percent of the twenty day average. So a lot of interest in this stock
as well. Of course, we know that executives can qual Com are going to be part of that US delegation to China as President Trump heads over to me to his kind of right she jimping, and so we'll see, you know, if there are any kind of deals to be made there that will benefit from But as of today, it just looks like it's getting ensnared again in this
text helf, particularly when it comes to semiconductors. Okay, one more, let's take a look at at Low's again today, so ticker l ow That's sound just slightly three tens of one percent. We did get an upgrade for the stock. It was upgraded to buy from neutral at City Group and Al Steven Zacconi saying that Low's should at least beat first quarter Street estimates for its earnings. Those are due on the twenty first of May, and they're seeing
the company continuing to outperform the industry. Low's is also apparently quote attractive to own in the current home improvement landscape because it's more exposed to DIY or smaller projects, and we know that consumers are kind of postponing their bigger renovation projects at the moment. But you know that's benefiting Lows as a company that cares more to some of the smaller projects that people are taking.
On the stock mover'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.