Stock Movers: Moderna, Dollar General Gain; Deckers Outdoor Falls
Bloomberg PodcastsMay 23, 20254 min114 views
9 connectionsΒ·16 entities in this videoβModerna's COVID Vaccine Guidance
- π‘ Moderna (MRNA) and other vaccine developers saw stock increases following FDA guidance on COVID shots.
- π― The FDA's approach was viewed as "better than expected," potentially increasing vaccine uptake among those with co-morbidities.
- β The new policy avoids costly new trials for older adults and those with underlying health risks, a significant demographic in the US.
Dollar General's Tariff Play
- π Dollar General (DLTR) shares rose, partly due to Walmart's announcement of price hikes to combat tariff-related costs.
- π Investors anticipate that Walmart shoppers may shift to dollar stores like Dollar General for cheaper alternatives.
- π Key Bank data suggests strong customer spending at Dollar General in April, and Morgan Stanley raised its price target for the stock.
Deckers Outdoor's Disappointing Forecast
- π Deckers Outdoor (DECK), owner of Hoka and Uggs, experienced a significant stock drop after a disappointing fiscal first-quarter forecast.
- β οΈ The company declined to provide full-year guidance due to macroeconomic uncertainty and global trade policy concerns.
- π’ President Trump's threat of tariffs on the EU also impacted the footwear sector, contributing to Deckers' decline.
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16 entities
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Transcript18 segments
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Whatβs Discussed
ModernaFDACOVID VaccinesVaccine UptakeDollar GeneralWalmartTariffsDeckers OutdoorHokaUggsStock MarketS&P 500Fiscal ForecastMacroeconomic Uncertainty
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