Cisco Soars, Ford Climbs, Regenxbio Sinks | Stock Movers [yU7nV4YoVN6]
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Cisco Systems (CSCO) shares soar as much as 17%, in biggest intraday jump since August 2011, extending gains for a sixth consecutive session, after the networking-equipment company reported third-quarter results that beat expectations and raised its full-year forecast. It also announced job cuts as it focuses more on AI. Analysts are positive about the company’s accelerating growth rate. -Ford Motor (F) stock climb 7.3% Thursday to bring the stock’s two-day gains to roughly 22%. after Morgan Stanley issued a bullish call that the automaker’s energy storage business could soon make a deal with hyperscalers. - Regenxbio (RGNX) shares sink 18% in premarket trading after the drug developer said there were two cases of serious adverse events in a trial of its experimental gene therapy for a muscle disease. See omnystudio.com/listener (for privacy information. Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street. Check out more episodes of Stock Movers: Visit us: Follow Bloomberg Podcasts on Twitter: Visit our other YouTube channels: Bloomberg Television: Bloomberg Originals: Quicktake: For coverage on news, markets and more: #Stocks #Markets #Finance #Investing #Podcast #Bloomberg Cisco Soars, Ford Climbs, Regenxbio Sinks