Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Costco (COST) shares are up, erasing an earlier decline, after the club chain reported strong second-quarter results. While bears point out that paid membership growth rates slowed during the quarter, Morgan Stanley attributes the deceleration to fewer new warehouse openings. Costco’s premium valuation is also a point of contention, as it trades at about 47 times forward earnings, which is ahead of Walmart and well above peer BJ’s Wholesale. Shares are up 16% year-to-date while the S&P 500 Index has slid 1.1%.
- Gap (GAP) reported fourth-quarter sales and profit that came in slightly below expectations, as two of its apparel chains underperformed. Old Navy, the company’s biggest brand, and Athleta, its smallest, missed comparable-sales estimates, while Gap and Banana Republic beat. Shares of Gap fell as much as 11% on Friday. That erased the stock’s gain for the year and was the biggest intraday drop since May.
- Day One Biopharmaceuticals (DAWN) saw its shares leap as much as 66%, the most intraday since June 2022, after Servier agreed to acquire the biotech company for $21.50 per share in cash, representing a total equity value of approximately $2.5 billion. Servier agreed to pay $21.50 a share for Day One in a deal that’s expected to close in the second quarter, the companies said on Friday. That’s a 68% premium to Day One’s closing price on Thursday.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Gap (GAP) shares drop after the company reported fourth-quarter sales and profit that came in slightly below expectations, as two of its apparel chains underperformed. Old Navy and Athleta missed comparable-sales estimates, while Gap and Banana Republic beat.
- Nutex Health (NUTX) shares fall after trading before regular market hours. The company reported EPS and sales below estimates. The company attributed the lower-than-expected revenue to a one-time cumulative true-up of arbitration claims that arbitrators determined were ineligible under the independent dispute resolution process, according to a press release.
- Marvell (MRVL) shares up after the chipmaker said its year-over-year revenue growth rate will accelerate each quarter throughout fiscal 2027, a bullish target that shows soaring demand from data center-related applications.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Marvell (MRVL) shares are up after the chipmaker said its year-over-year revenue growth rate will accelerate each quarter throughout fiscal 2027, a bullish target that shows soaring demand from data center-related applications.
- Gap (GAP) shares drop after the company reported fourth-quarter sales and profit that came in slightly below expectations, as two of its apparel chains underperformed.

- Blue Owl (OWL) shares fall after news that it has a £36 million exposure to Century Capital Partners Ltd., a London-based property lender that filed for administration last month.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Gap (GAP) shares fall after Old Navy, the clothing retailer’s biggest brand, missed consensus expectations for same-store sales growth. Its forecast for 1Q gross margins was also weaker than analysts expected, as tariffs presented a 2 percentage-point headwind.
- Marvell Technology (MRVL) shares jumped after the chipmaker delivered a bullish sales outlook, saying that data center demand was growing even faster than anticipated.
- Nutex Health (NUTX) fell 30% in trading after company reported EPS and sales below estimates.
See omnystudio.com/listener for privacy information.

US employers unexpectedly cut jobs in February and the unemployment rate rose, raising doubts about the health of the labor market. Nonfarm payrolls decreased 92,000 last month after a strong start to the year, according to Bureau of Labor Statistics data out Friday. The unemployment rate climbed to 4.4%. The decline in payrolls partly reflected a decrease in health care employment due to strike activity.
Bloomberg Surveillance broke the numbers and got instant reaction from:
Claudia Sahm, Chief Economist at New Century Advisors
Nadia Lovell, Head of Global Equity Strategy at UBS Global Wealth Management
Jennifer Lee, Senior Economist at BMO Capital Markets
See omnystudio.com/listener for privacy information.