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>> The Stock Movers Report, your roundup of

companies making moves in the stock

market, harnessing the power of

Bloomberg data.

>> Let's take a look at some of the stocks

on the move today in Europe. I'm TA

Adabay with Caroline Heepka and we're

joined by Bloomberg's breaking news

editor, Louise Moon. Analysts are

fueling moves in airline stocks this

morning. Tell us why, Louise.

>> Yes, indeed. So, there's been a note

from Morgan Stanley on airline stocks,

which is um as you say, impacting stock

movements this morning. So, the main

thing, the crucial thing is it's saying

complacency after sharp earnings cuts is

offering opportunities in the market.

So, it's downgraded Lufanza and Lufanza

stock is kind of tracking that falling

this morning. upgraded Air France, but

its top pick is I AG, obviously the

owner of British Airways. So they're

saying that things like cost discipline,

strong free cash flow, shareholder

returns are all reasons for IAG to be a

top pick. And this kind of echoes what

an unless have been saying anyway. So

say so the kind of wider consensus is

that IG's given everything that's going

on in the Middle East rising fuel costs

and and everything um that's come out of

of that conflict that IG has been is

being seen as being in a relatively

strong position. They've got higher

profitability and balance sheet better

positioned essentially to withstand all

of these headwinds. So if you look at

the analyst ratings for IG they've got

27 buys, zero holds and just two sells

and their shares are higher. So also

moving in line with the others um on the

back of that Morgan Stanley note. So one

of the top prizes this morning on the

Footsie 100. So an interesting note

there from Morgan Stanley having quite

an impact on airline stocks today.

>> Okay. Interesting. Uh meanwhile King

Fisher the DIY retailer seems to be

reassuring investors. Have they done

that?

>> Yes. So shares up as much as 8.3% this

morning. The top riser on the Footsie

100 here in London. That's and they

briefly hit a two-month high within

that. um as you say reassuring update.

They had their first quarter sales. Now,

interestingly, sales actually fell and

they blame a later spring um coming and

which resulted in a in a weaker footfall

essentially, but the commentary is quite

is quite uh reassuring is what analysts

saying. So, they're saying that it

they're resilient in the face of kind of

wider headwinds um and they're on track

to meet their fullear guidance. So,

holding up against a whole host of of of

uh challenges that we're seeing across

the retail sector. obviously you've got

a weaker consumer um higher costs um

later spring as King Fisher noted

themselves um but analysts are saying

that yeah holding up reassuring after

recent pressure on the stock um Screw

Fix one of their brands in particular

performing very well so shares really

rising this morning

>> okay so perhaps a resurgence coming for

Kingfisher but finally Louise everyone's

talking about Ferrari this morning it

seems like the business wants to go

green but its stock price seems to be

going into the Red, what's going on

there?

>> Yeah. So, so they've unveiled their

first fully electric car. This is the

kind of the final step. They had a

three-part reveal and and Sunday evening

presentation uh revealing the full

extent of it. So, it's a 5-seater, cost

550,000.

It's being seen as a big test for

Ferrari. It's a breakaway from their

heritage. Um, you know, there's

questions over how much demand there'll

be. The challenges of extending into

battery when they're very much used to

combustion engines. So, it's a tough uh

challenge for them and and it's a tough

market. You we've seen, you know, rivals

like Lamborghini and Porsche, they've

slowed their electrification plans,

citing a lack of buying interest. So,

it's a tough market to go into and

shares falling very heavily this

morning. So, they fell over 8%. Reviews

essentially for this are disappointing.

Analysts saying they don't like the

design. It's too close to Tesla. Um and

one saying, which I thought was quite a

good quote, we are lost in translation

with Ferrari's new strategy. So, a lot

of questions over what's going on. how

how uh you know how successful this will

be and so far the reception is not good.

>> The stock movers report from Bloomberg

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