Navigated to Kenvue Bounce Back; Boeing Plane Orders; Firefly Miss - Transcript

Kenvue Bounce Back; Boeing Plane Orders; Firefly Miss

Episode 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.

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