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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 see some individual stocks on the move and we can do that with Avlon Parnell for Bloomberg News.
And what are you looking at?
You have to start off with SpaceX. That's ticker SPCX currently slighting about five point seven percent, on track to fall for its second straight day after it's forty nine percent run after that record. IPO investors are telling us that volatility is likely to continue as the market's wigh those lofty expectations for future revenue with no real clarity on how exactly SpaceX will achieve. It still worth noting
that this isn't completely out of the norm. If you remember, Meta did plunge more than thirty percent in their first year after a similarly record breaking rise.
All right, what else we got here?
Accenture that's ticker ACN. Definitely not a great day there, thinking about fifteen percent, most in today since two thousand and eight, and that's after the consulting and IT services provider gave a fourth quarter bookings forecast that fell short of expectations, Baird highlighting that while the pullback and full your guidance seems a bit excessive to them, it does
fit investors fear of the AI thesis. And also worth noting that we've already been seeing to layoffs in start date deferrals at other consulting firms like McKenzie, PwC, Deloitte Ey And it's going to be really interesting to see how exactly Accenture will move forward from here.
Yeah, kind of painful. Fifteen percent drop, all right?
Last one take two interactive software that's ticker TTWO currently climbing about four point four percent to hit its highest interday level in nearly a month, and that's after Rockstar Games said that Grand Theft Auto six pre orders will begin on June twenty fifth. This has been a game that they have really really been wanting to have, especially for gamers, and Grand Theft Auto came out in twenty thirteen,
so they've been waiting for quite some time. I'm hyper Sandler saying earlier this week that they expect forty three million unit sales once a game does ends up launching.
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