Real Networks (RNWK) popped 4%. Seattle based Real Networks popped after Yahoo switched its online music customers over to Real Networks Rhapsody America. – I think they have problems, says Pete Najarian.
China Life Insurance (LFC) popped 6%. The firm moved higher following a sharp rally in Asian markets. – I think the valuation is very high, says Tim Seymour.
Solar Fun (SOLF) popped 8%. Solar shares rose after Yingli Green Energy Holding forecast higher shipments this year with positive news about its polysilicon supplies. – Don’t get involved in the fun, says Karen Finerman.
DROPS (stocks that slid lower)
United Airlines (UAUA) dropped 6%. The airline announced a new program in which it will charge $25 to check a second bag. – If the stock market is open it’s a good day to sell the airlines, Jeff Macke so often says.
Pier One (PIR) dropped 8%. The home goods store fell after an analyst downgraded the firm. – Jeff Macke isn’t impressed.
WCI Communities (WCI) dropped 10%. The drop comes after news it WCI was named as a defendant in a class action brought on behalf of purchasers of hotel condominium units in The Resort at Singer Island. – That 10% move only translates to $0.50, explains Karen Finerman.
Under Armour UA dropped 6%. The stock wilted after its superbowl ad ranked as one of the least favorite of the night.
Virgin Mobile (VM) dropped 12%. Shares of Virgin Mobile USA Inc., the U.S. wireless unit of Richard Branson's Virgin Group, tumbled after the company reported fourth-quarter subscriber figures below analysts' and its own prior expectations. – I think they’re losing ground, says Tim Seymour.
Delta (DAL) dropped 7%. The dip came after CNBC'S David Faber reported that a merger deal between Delta and Northwest is unlikely to occur this week. – Tough day for the airlines, says Jeff Macke.
Humana (HUM) dropped 4%. This stock continued a downward trend set by its competitors two weeks ago as concern lingers over health insurers' ability to build membership and keep costs in check. – Too much negativity, says Pete Najarian.
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Trader disclosure: On Feb.4, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (YHOO), (INTC), (DIS); Najarian Owns (AMR), (BIIB), (C), (CSCO), (YHOO), (XLF), (MCD); Najarian Owns (AAPL) Calls, (GOOG) Calls, (NYX) Calls, ; Najarian Owns (WM) Puts; Finerman Owns (GS), (RTP), (YHOO), (AEO), (WMT); Finerman's Firm And Finerman Own (CROX), (KALU); Finerman's Firm Owns (NMX) And (NMX) Options; Finerman's Firm Is Short (SPY), (IJR), (IYR), (IWM), (MDY), (CME), (COF); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm Is Short (MHGC); Seymour Owns (CSCO), (GOOG), (INTC), (MSFT), (SBUX), (YHOO), (SHLD), (UN); Seygem Asset Management Owns (CTCM), (FMCN), (GAF), (GFI); Charles Schwab Is A Sponosr Of "Fast Money"