Kenvue Bounce Back; Boeing Plane Orders; Firefly Miss - podcast episode cover

Kenvue Bounce Back; Boeing Plane Orders; Firefly Miss

Sep 23, 20254 min
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Episode description

On this episode of Stock Movers:
- Kenvue (KVUE) is recouping most on Monday’s drop, as President Trump’s call for pregnant women to avoid Tylenol draws sharp criticism from researchers who say the advice ignores decades of evidence and could endanger mothers and babies. "We believe independent, sound science clearly shows that taking acetaminophen does not cause autism,” Kenvue, a consumer health company whose brands include Tylenol, Listerine and Johnson’s, said in an emailed statement. Kenvue dropped 7.5% on Monday, extending YTD decline to 21%.
- Boeing (BA) is rising on news the US and China are in the final stages of negotiations for a "huge" Boeing aircraft order, according to US Ambassador to China David Perdue. Perdue said the deal is "very important to the president" and "very important to China", and that they are "hopeful that that will turn out to be the case" in the last days or weeks of negotiation.
- Firefly Aerospace (FLY) is falling after it reported second-quarter revenue of $15.5 million, compared to the $16.1 million expected on average by analysts. Firefly's shares fell 8.8% in US postmarket trading to $45.15 after the company announced its first quarterly earning results. Firefly expects 2025 full-year revenue to be between $133 million and $145 million.

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Transcript

Speaker 1

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 stocks on the move today. I'm time Keen with Paul Sweeni and Bloomberg's John Tucker.

Speaker 2

All right, let's go to New Jersey. Don't take tailano President Trump constructing pregnant women around a dozen times during that White House news conference yesterday. Ken View makes tilot all. They lost about seven point two percent yesterday's trading. They are bouncing back just a day after shares of the consumer brands company again well, tumbling seven and a half percent yesterday. Kenview disputed any link between the drug and autism.

This week, they also weren't the pregnant mothers don't use tilot all when in need, They could face a dangerous choice between suffering fevers or using risk your alternatives. The company was spun off from Johnson and Johnson's pharmaceutical and medical device divisions. You'll recalls back in twenty twenty three. This is in the first round for them. They have fought off hundreds of lawsuits related to Tail and all and its alleged ties to autism. Most of those have

been dismissed. Let's move on to I love this company. This is the company that made history back in March. They paired up with NASA and sent a probe to the Moon. We're talking about Firefly Aerospace. It reported second quarter revenue, falling short of Wall Street expectations. The small rocket launcher is working to ramp up the frequency of

its flights and try to win new contracts. They're based in warehouse in Texas, Cedar Park, Texas, posting fifteen and a half million dollars in revenue compared to the roughly sixteen point one million expected by the Amber channelists pulled by Bloomberg forty nine fifty two its shares closed yesterday. That's above the IPO price of forty five that was set in August. Some of the enthusiasm that saw the stock initia. It hit seventy three point eighty a little

earlier this year in the opening session. That has warned worn off.

Speaker 1

I mean it's real lessons Beach J P.

Speaker 2

Morgan Mortgage Stanley. Okay, let's wrap up with Boeing. President Trump said the company signed an order from Itzbekistan for planes worth more than eight billion dollars. Tom has frequent flyer miles on his Bekistan Airlines where they came from. Under the terms of the agreement, Uzbekistan Airways will purchase fourteen seven eighty seven nine airplanes. They also have the option for eight more. Boeing announcing the deal yesterday, noting

it was the airline's single largest order to date. It was Vekistan Airways plans to undergunds the fleet expand its international roots to the US, and you also have news of other deals. David Purdues, he's the ambassador to China, said the US in Beijing are finishing in negotiations for what he calls a huge order, though he did not share any of the details of that.

Speaker 1

This 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.

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