Stock Movers

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Gamestop (GME) shares fell today after EBay Inc. rejected a $56 billion takeover offer from GameStop Corp. Chief Executive Officer Ryan Cohen, describing the unsolicited bid as “neither credible nor attractive.” EBay’s board turned down the offer after taking into account “uncertainty” around the financing plan, the operational risks involved and GameStop’s governance, Chairman Paul Pressler said in a letter addressed to Cohen. Pressler also cited GameStop’s executive incentives and a takeover’s potential impact on eBay’s long-term growth.

- Under Armour (UAA) stocks sank after its guidance for this year missed Wall Street projections, weighed down by exiting a partnership with NBA star Stephen Curry and a financial hit from the conflict in the Middle East.

- Wendy's (WEN) shares jumped as much as 17% on Tuesday, the most intraday since Feb. 18, after Financial Times reported that Nelson Peltz’s Trian Fund Management is seeking investor backing for a bid to take the burger chain operator private. Analysts note that Trian last attempted to takeover the fast-food chain in 2022, though TD Cowen is skeptical that a deal gets done.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
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, Carol Massar and Tim Stenovec.
- Ambiq (AMBQ) shares rose to a record high after the ultra-low-power semiconductor solutions provider reported better-than-expected results for its first quarter, and provided second quarter guidance that also topped expectations.
- EchoStar (SATS) shares drop as much as 5.1% after the Wall Street Journal reported that Alphabet Inc.’s Google is in talks with SpaceX for a rocket launch deal, citing people familiar with the discussions.
- Under Armour (UAA) sank after its guidance for this year missed Wall Street projections, weighed down by exiting a partnership with NBA star Stephen Curry and a financial hit from the conflict in the Middle East. The guidance shows that Under Armour’s turnaround is still a work in progress. On top of persistent sales declines, the company has been navigating the impact of tariffs and the split from Curry. The company has been working to restructure its business to reduce discounts and slim the product selection.
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On this episode of Stock Movers:
- Intel (INTC) shares slipped in trading today amid a broader drop in semiconductor related stocks.
- Zebra Technologies (ZBRA) shares rallies in trading today, after the consumer electronics company reported first-quarter results that beat expectations and raised its full-year forecast for both adjusted earnings and free cash flow.
- Under Armour (UAA) sank after its guidance for this year missed Wall Street projections, weighed down by exiting a partnership with NBA star Stephen Curry and a financial hit from the conflict in the Middle East. Annual revenue will decline slightly, but it would have been little changed if the company still had the deal with Curry, the sporting-goods maker said Tuesday. Analysts on average projected a gain of about 2%.
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On this episode of Stock Movers:
- Intel (INTC) shares drop. A scorching rally in Intel Corp. shares is threatening huge losses for traders wagering that they’re due to fall. But that isn’t stopping them from placing those bets. Short interest in Intel shares as a percentage of the company's float is near a 52-week high, despite the risk of betting against the stock.
- Qualcomm (QCOM) shares drop. Investors opted to lock in profits following a rally in chip stocks. The latest surge was boosted by continued investor enthusiasm over AI infrastructure build-outs.
- Lowe's (LOW) shares gain. Citi analyst Steven Zaccone raised his recommendation on the home improvement retailer to buy from neutral. In a note to clients, Zaccone cited several reasons for his more bullish view on Lowe’s, including his view that Lowe’s should beat 1Q street estimates (estimated to report around May 21) and continue to outperform the industry (and its top competitor Home Depot) in 2026.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- GameStop (GME) shares drop. EBay Inc. rejected a $56 billion takeover offer from GameStop Corp. Chief Executive Officer Ryan Cohen, describing the bid as “neither credible nor attractive.” EBay’s board turned down the offer due to “uncertainty” around the financing plan, operational risks, and GameStop’s governance, among other factors.
- Under Armour (UAA) sinks. Guidance for this year missed Wall Street projections, weighed down by exiting a partnership with NBA star Stephen Curry and a financial hit from the conflict in the Middle East. The guidance shows that Under Armour’s turnaround is still a work in progress. On top of persistent sales declines, the company has been navigating the impact of tariffs and the split from Curry
- Wendy's (WEN) shares jump after the Financial Times reported that Nelson Peltz’s Trian Fund Management is seeking investor backing for a bid to take the burger chain operator private. Trian in recent weeks has held discussions with outside investors, including in the Middle East, about financing a potential takeover of the US fast-food chain.
See omnystudio.com/listener for privacy information.