Bloomberg Surveillance The Stock Movers Podcast from Bloomberg
Mar 31, 2025
Discover the latest stock market trends with a focus on consumers and tech. Biotech stocks are buzzing, with Celsius Holdings soaring after a positive upgrade. Meanwhile, a conservative media IPO made headlines with a jaw-dropping 683% jump on its debut. Explore how these movements reflect market demand and what awaits with upcoming earnings reports. Don’t miss insights into classic brands in the energy drink sector competing for consumer attention!
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Moderna's Decline
- Moderna stock dropped over 7% to its lowest since March 2020, a 30% year-to-date decline.
- This follows a top FDA regulator's departure, causing uncertainty about future vaccine regulations.
Biotech Sector Downturn
- The entire biotech sector is experiencing a downturn, reflected in the SPDR S&P Biotech ETF's 4% drop.
- This negative trend follows the departure of a key FDA regulator.
Celsius Stock Surge
- Celsius Holdings stock, an energy drink maker, surged about 7% after a Truist Securities upgrade.
- The upgrade was based on Celsius's stronger position in the women's energy drink market due to its acquisition of Alani Nu.