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Fast Money DisclaimerFast Money BiosAbout Fast MoneyRapid RecapFast Money Home
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Mar.27
6:45 PM ET
Thursday, 27 Mar 2008
Pops & Drops: Solarfun, Motorola...

Pop & Drop
Following are the day’s biggest winners and losers. Find out why shares of Solarfun and Citi Trends popped while Motorola and XM Satellite Radio dropped.

POPS (stocks that jumped higher)

Solarfun (SOLF) popped 17%. The party's back on at Solarfun - profit doubled, and sales quadrupled. – I’m not getting in on the fun, says Karen Finerman.

Citi Trends (CTRN) popped 24%. The casual clothing retailer exceeded analyst estimates for quarterly profit, and its '08 forecast was above expectations as well.

Dr. Pepper. Schweppes is offering a free can of Dr. Pepper to everyone in America if former Guns N Roses front man Axl Rose finally releases his 17-years-in the-works album “Chinese Democracy.”



DROPS (stocks that slid lower)

Motorola (MOT) dropped 5%. A day after splitting into 2 companies under pressure from Carl Icahn, the mobile phone maker was downgraded by Bank of America Corp, citing shrinking market share in 2008. – Sorry Carl, Karen Finerman says.

XM Satellite Radio (XMSR) dropped 8%. Just days after the Justice Department gave the green light to a merger with Sirius, shares of XM went down sharply. – The deal's not done yet, says Jeff Macke.

Research in Motion (RIMM) dropped 5%. Oracle's miss Wednesday night took its toll on other business tech names. – Take some profits, counsels Pete Najarian.

Perdigao (PDA) dropped 6%. Brazil's largest food producer dragged the Bovespa down on worries it couldn't pass-on "agflation" costs. – It’s an interesting story, says Tim Seymour.

NetFlix (NFLX) dropped 4%. After its website went down for 11 hours on Monday, the online DVD-rental company said it would give its customers a 5% refund on their monthly bill. – I think this stock goes lower, says Jeff Macke.

Thomas Edison. The inventor widely considered the inventor of recorded sound has been one-upped...Researchers have found a recording of "Au Claire de la Lune" created by French tinkerer Édouard-Léon Scott de Martinville, made in 1860 -- 17 years prior to Edison.

Robbins & Myers (RBN) dropped 22%. This chemical and industrial engineering name plummeted after it forecast quarterly and full-year profits behind estimates. – That’s a problem, says Pete Najarian.

Taiwan Semiconductor (TSM) dropped 4%. A sharp drop in Taiwan's currency sent ripples through that country's stock market. – I think it’s profit taking, says Tim Seymour.

DSW Inc. (DSW) dropped 24%. The "Designer Shoe Warehouse" announced profits were off 94%, and same store sales were down as well.

Scholastic Corp. (SCHL) dropped 14%. Costs relating to the divestiture of its "direct to home" children's book division knocked profit at Scholastic, which posted a loss of $82 million.

Western Digital (WDC) dropped 8%. The hard drive maker fell after rival Seagate suffered a downgrade.

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Got something to say? Send us an e-mail at and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to .

Trader disclosure: On Mar.27, 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), (DIS), (INTC); Finerman Owns (GS); Finerman's Firm Owns (DSW), (MSFT), (SUN), (TSO), (VLO), (WMT), (YHOO), (NYX), (PM-WI); Finerman's Firm Is Short (IYR), (IJR), (IWM), (MDY), (SPY); Najarian Owns (BKC), (MSFT), (NOK), (ORCL), (TSO), (XLF), (YHOO), (AAPL); Najarian Owns (AA) Calls, (CCU) Calls, (COP) Calls, (NVDA) Calls, (BSC) Calls, (CHK) Calls; Najarian Owns (LEH) Puts, (MER) Puts, (USB) Puts, (OIH) Puts; Seymour Owns (CFC), (F), (MER), (MSFT), (TMA), (AAPL), (TSO); Seygem Asset Management Owns (TSM); Charles Schwab Is A Sponsor Of "Fast Money"

© 2008 CNBC.com

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