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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 move today, and we can do that with Christine Aquino.
Christine, what are you looking at today? All right, Paul, we got to take a look at MSG. Of course, in honor of the Knicks parade. That stock was actually up earlier this morning, but now down. For Get this the fifth day in a row. You'd think that the championship would do well for MSG stocks, but that is not the case. It's currently down about two tenths of one percent. But you know, as we were from Lisa,
there's a lot of people still over there. Apparently for the NYPD, they have ten thousand officers at the event, and that is the largest force to be deployed for a planned event in the New York City's history. And apparently viewing eras were open as early as six am. I know this for a fact because as I was meeting in there were people in Knicks geared trying to
make their way into the city. It was closed by eight am, right the pens were absolutely full, but so clearly the value of a Knicks championship very much on display today. But earlier this week, apparently John Rodgers from Aerial Investments spoke to bloomber TV's Romain Boss six and saying that maybe MSG should split into do companies because its share price at the moment does not reflect the
value of the Knicks or the Rangers. Yeah, and that was definitely something that the company has actually filed paperwork, so that's certainly a possibility. But then of course that raised his questions about whether James Doolin might want to sell the Knicks.
Probably not given what happened that Next up on your list of stocks.
Bar It's car, we got to take a look at Intel as well. Take her I n TC that shares. Shares are doing really well today actually extending gains now up more than a percent. And that is after President Donald Trump said that it will work alongside Apple to
design and produce semiconductors domestically. So the President mentioned this in the truth social post did not provide details, but Apple has held exploratory discussions about using Intel and Samsung to produce the main processors for its devices in the US, and so for Intel CEO Lip Bhutan is crucial to find external customers for its chip production because that is key to the company's comeback plan. One more, let's take
a look at SpaceX today. Paul again down more than six percent, so down for a second day in a row after a whole week of trading, is still on track to end the week about thirty five percent above its IPO price of one hundred and thirty five dollars.
And you know, we know that SpaceX will be eligible to be added to the NAZAK one hundred index after fifteen days of training, so that could potentially be another boost to the shares, given at about thirty percent of its free float is set to be owned by passive investors. Here's a great quote from a story about SpaceX today
from Michael Monhan from Founder Funds in Dallas. They got very comfortable owning the stop because they could see two hundred billion dollars of revenue in twenty thirty But literally and figuratively, you need a rocket to get to those revenues.
The Stockmovers 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.