Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- BP rebounded this morning on higher oil prices as optimism over the US-Iran ceasefire wanes.
- Austria-based Raiffeisen Bank offered to buy Addiko Bank in a deal that values the consumer-lending Balkans specialist at €450 million.
- Abivax shares rise as much as 3.8% after Oddo BHF lifted its price target on the French biotech company, saying Crohn’s disease could represent a bigger commercial opportunity than ulcerative colitis.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- BP shares are up this morning on higher oil prices as optimism over the US-Iran ceasefire faded.
_ easyJet dropped at the open, paring yesterday's gains amid ongoing concerns over jet fuel shortages.
- LVMH fell ahead of reporting Q1 earnings next week, following its worst start to the year on record.
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On this episode of Stock Movers:
-Crocs (CROX) is up 6.6% after Williams Trading analyst Sam Poser upgraded his rating on the plastic footwear maker to buy from hold, citing better-than-expected trends.

-Levi Strauss (LEVI) gains 13% after the apparel company boosted its adjusted earnings-per-share and revenue forecasts for the full year. The denim company also reported first-quarter earnings and sales that topped estimates.

-Vital Farms (VITL) falls 6.3% after TD Cowen cut the recommendation on the food producer to hold from buy, and slashed the price target to a Street low.
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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.
- Meta Platforms (META) shares closed 6.5% higher on Wednesday after the company introduced Muse Spark, a new multimodal reasoning model and the first in its Muse family, as the company steps up efforts to build what it calls "personal superintelligence."
- Levi Strauss (LEVI) shares closed 10.65% higher, and soared as much as 16% in the intraday, after the apparel company boosted its adjusted earnings-per-share and revenue forecasts for the full year. The denim company also reported first-quarter earnings and sales that topped estimates.
- Exxon Mobil (XOM) shares dropped. Exxon Mobil said it lost 6% of its global production in the first quarter due to the Iran war. The company said two LNG production lines at a facility in Qatar were damaged by Iranian missile strikes and the damage will take a prolonged period to repair.
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On this episode of Stock Movers:
- Meta Platforms (META) shares were up more than 7% on Wednesday after the company introduced Muse Spark, a new multimodal reasoning model and the first in its Muse family, as the company steps up efforts to build what it calls "personal superintelligence."

- Levi Strauss shares soar as much as 16%, the most intraday since April 9 of last year, after the apparel company boosted its adjusted earnings-per-share and revenue forecasts for the full year. The denim company also reported first-quarter earnings and sales that topped estimates.

- Galloway Capital Partners sent a letter to Chegg’s (CHGG) board, arguing that its share price is undervalued while calling on management to take steps to improve capital markets communication and investor awareness. Chegg shares jumped 16%.
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