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Stock Movers: Moderna, Dollar General Gain; Deckers Outdoor Falls

Bloomberg PodcastsMay 23, 20254 min114 views
9 connections·16 entities in this video→

Moderna's COVID Vaccine Guidance

  • πŸ’‘ Moderna (MRNA) and other vaccine developers saw stock increases following FDA guidance on COVID shots.
  • 🎯 The FDA's approach was viewed as "better than expected," potentially increasing vaccine uptake among those with co-morbidities.
  • βœ… 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

  • πŸ“ˆ Dollar General (DLTR) shares rose, partly due to Walmart's announcement of price hikes to combat tariff-related costs.
  • πŸ›’ Investors anticipate that Walmart shoppers may shift to dollar stores like Dollar General for cheaper alternatives.
  • πŸ“Š 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

  • πŸ“‰ Deckers Outdoor (DECK), owner of Hoka and Uggs, experienced a significant stock drop after a disappointing fiscal first-quarter forecast.
  • ⚠️ The company declined to provide full-year guidance due to macroeconomic uncertainty and global trade policy concerns.
  • 🚒 President Trump's threat of tariffs on the EU also impacted the footwear sector, contributing to Deckers' decline.
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Transcript18 segments

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What’s Discussed

ModernaFDACOVID VaccinesVaccine UptakeDollar GeneralWalmartTariffsDeckers OutdoorHokaUggsStock MarketS&P 500Fiscal ForecastMacroeconomic Uncertainty
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