Stock Movers

• Ford Up After Announcing Overhaul of EV Division, Zillow Falls, Hershey Jumps

  On this episode of Stock Movers: - Ford (F) sees a slight boost to their stock price after announcing that they will be overhauling their EV division after losing around $5 billion in the division last year. - Zillow (Z) stock is down with Google testing their new real estate advertising format that could rival websites like Zillow. - Hershey (HSY) share price rose 3% with the chocolate category doing well overall despite the increase in GLP-1 users.See omnystudio.com/listener for privacy information.

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• Closing Bell: Tesla Gains, ServiceNow Plummets, Zillow and CoStar Take Hits Amid Google's New Real Estate Advertising Format

  Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Tim Stenovec and Carol Massar. On this episode of Stock Movers: - Tesla (TSLA) shares rose around 3.5% increasing to $475 a share and coming close to being the first all-time high close for the stock this year. - ServiceNow (NOW) took the biggest hit in the S&P 500, falling 11% after reports that the company is in talks to purchase cybersecurity startup Armis in a deal valued around $7 billion. - Zillow (Z) and CoStar (CSGP) the company that owns the website Homes.com, both saw their stock price fall as Google starts to test its new real estate advertising format that could rival websites like Zillow and Homes.com.See omnystudio.com/listener for privacy information.

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• iRobot Down, Strategy Falls on Bitcoin Purchase, Zillow Tumbles

  On this episode of Stock Movers: - iRobot (IRBT) shares drop after the company filed for bankruptcy and considers handing over control to its main Chinese supplier. - Strategy Inc. (MSTR) stock falls after a near $1 billion purchase of Bitcoin as the cryptocurrency's price continues to drop. - Zillow (Z) price tumbles 11% as Alphabet's Google has begun testing a new advertising format for real estate listings that could threaten portals like Zillow.See omnystudio.com/listener for privacy information.

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• iRobot Drops, ServiceNow Falls, Costco Slips on Ratings Cut

  On this episode of Stock Movers:- iRobot (IRBT) shares plunge after the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for bankruptcy and proposed handing over control to its main Chinese supplier. - ServiceNow (NOW) shares are down after news that the company is near an agreement to buy cybersecurity startup Armis in a tie-up that could be valued at up to $7 billion, according to unidentified people familiar with the talks in a report by Bloomberg.- Costco (COST) shares slip after after Roth Capital Partners analyst William Kirk cut his recommendation on the club retailer to sell from neutral. Despite 1Q EPS beating estimates last week, Kirk sees several underlying metrics that are “concerning.” Renewal rates are fading. Paid members have slowed, possibly negative q/q (adjusted for openings.) Comparable-store traffic is decelerating on a year-over-year basis.See omnystudio.com/listener for privacy information.

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• ServiceNow Drops, Franklin Resources Rises, iRobot Plunges After Filing for Bankruptcy

  On this episode of Stock Movers:- ServiceNow (NOW) shares are down after news that the company is near an agreement to buy cybersecurity startup Armis in a tie-up that could be valued at up to $7 billion, according to unidentified people familiar with the talks in a report by Bloomberg.- Franklin Resources (BEN) shares rise after the firm said the US Department of Justice is preparing to resolve an investigation into its fixed-income unit, Western Asset Management Co., without criminal charges following the government’s allegations of securities fraud against its former star manager, Ken Leech.- iRobot (IRBT) shares plunge after the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for bankruptcy and proposed handing over control to its main Chinese supplier.See omnystudio.com/listener for privacy information.

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