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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. We're joined by Bloomberg's avalon at Pernell Adline. What are you looking at? Yeah, I would start off with stub Hub. That's ticker stub It's tumbling about twelve percent, actually touched a record low earlier today as well after to ticket resellers twenty twenty six forecast and also fourth quarter results fell short of expectations. And I'll say that it was pretty difficult to make comparisons given there wasn't
a Taylor Swift tour to boost sales this year. And it's also important to note that the company is facing regulatory risk kind of all around, as New York and California lawmakers are considering placing at cap on resell prices, and across the pond, the UK has decided to pass laws to ban the selling of tickets above face value. What about stub hum that's a similar kind of company.
Oh, well, with.
Stup hub as well, they also got like two downgrades. But yeah, yeah, all right, have been Victoria's secret. Yeah, Victoria's secret. That's ticker vs COO. It fell about twelve percent. That's the most since April after despite the fact that it had earnings that topped, guidance that topped, basically ignoring that, there's just the free cash flow projection that fell short, and analysts are saying across the board that despite the fact that it was good, it just wasn't good enough.
Gogogenheim said, there was a pretty large run up in expectations ahead of the report, and that could explain the market pressure that it's facing. I do want to point out, though, that management did mention that they are expecting some shipment delays given the conflict in Iran. Yesterday we heard some similar commentary from Abercrombie, So that's definitely a potential risk that we should keep an eye on for consumer stocks. Yep, Broadcom one more Yeah, Broadcom ticker AVGO. That's up about
four percent today. Still, the shares remained down about twenty percent from its December record high, as investors continue to remain skeptic of the sustainability of the capital being thrown towards AI stocks. But that being said, they did report a first quarter results that beat expectations basically across the board, and everyone is very happy about the CEO saying that he expects AI chip sales to top one hundred billion dollars.
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