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  • Shares of Yum! Brands fell after R.W. Baird downgraded the stock. The "Fast Money" traders think the company needs a catalyst to take the stock higher.

  • Best Buy beat the Street's earnings estimates, but revenue came in light. The "Fast Money" traders take their positions in the name.

  • Nasdaq CEO Bob Greifeld, recognizes the competition among exchanges for IPOs, and supporting a permanent private market environment.