Get more equity coverage like this on the Stock Movers podcast from Bloomberg, featuring five-minute episodes on the winners and losers in the stock market.
Subscribe here: https://link.podtrac.com/h0zn7xir
On this episode of Stock Movers:
• WeightWatchers (WW) shares fell after the company announced it had filed for bankruptcy to reduce its debt by $1.15 billion through a lender-backed plan, which is expected to be completed in 45 days. The company has struggled to compete with weight-loss drugs like Ozempic and has been burdened by annual interest expenses of over $100 million, limiting its ability to invest in growth initiatives and marketing.
• Charles River (CRL) shares rallied after the drug development contractor boosted its adjusted earnings per share forecast for the full year, following better-than-expected first-quarter results. Separately, the company also said it is in a cooperation pact with activist Elliott Investment Management where Elliott has agreed to “customary standstill, voting, confidentiality, and other provisions”
• Walt Disney (DIS) shares jump after the company reported fiscal second-quarter results that beat Wall Street estimates and raised its outlook for the full year. It cited strong performances from theme parks and streaming TV.
——–
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
WATCH HERE: http://bit.ly/3vTiACF
Follow us on X: https://twitter.com/BloombergRadio
Subscribe to our Podcasts:
Bloomberg Daybreak: http://bit.ly/3DWYoAN
Bloomberg Surveillance: http://bit.ly/3OPtReI
Bloomberg Intelligence: http://bit.ly/3YrBfOi
Balance of Power: http://bit.ly/3OO8eLC
Bloomberg Businessweek: http://bit.ly/3IPl60i
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay: https://apple.co/486mghI
Android Auto: https://bit.ly/49benZy
Visit our YouTube channels:
Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts
Bloomberg Television: https://www.youtube.com/@markets
Bloomberg Originals: https://www.youtube.com/bloomberg
Quicktake: https://www.youtube.com/@BloombergQuicktake
Author: Bloomberg Television
Go to Source
News post in May 8, 2025, 12:06 am.
Visit Our Sponsor’s:
News Post In – News
