Skip navigation

FAST MONEY FEATURES

PollFast Money PollsFAST MONEY POLL
Get in the post game.  Respond to our
"Question of the Day" right now.


52 Week High52 Week High TRADER RADAR
Which stock should be on your screen? Follow the clues to solve this puzzle.



Trade SchoolTRADE SCHOOL
Grab a pencil because school is in session and the Fast Money traders are teaching class.


FAST MONEY EMERGING MONEY
EMERGING MONEY TOP 20
Fast Money's index for the world.




PodcastFM PodcastsFAST MONEY PODCASTS
Download Fast Money onto your MP3 Player.




FM WIDGETFAST MONEY WIDGET
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.



ShopSHOP FOR FAST MONEY MERCHANDISE
Get your game on with Fast Money gear.




Wanna See Our PhotosFAST MONEY PHOTOS!
Check out our scrapbook.  These "pix" are guaranteed winners.




SignupNewsletterNEWSLETTER
Sign up and receive a recap email every Friday after the show!





FM Mobile AlertFAST MONEY MOBILE ALERTS
Get advanced information about the next Fast Money.



Fast Money DisclaimerFast Money BiosAbout Fast MoneyRapid RecapFast Money Home
Text Size

Pop & Drop
Following are the week’s biggest winners and losers. Find out why shares of Wal-Mart and National Semiconductor popped while Wachovia and AT&T dropped.

POPS (stocks that jumped higher)

Wal-Mart (WMT) popped 1%. Strong May sales and Friday's annual meeting pushed the world's biggest retailer into the green for the week. – I think they’re delivering exactly what the consumer needs, says Karen Finerman.

National Semiconductor (NSM) popped 14%. The maker of chips for the iPhone posted a smaller than expected drop in quarterly profit. – I think it goes higher, says Guy Adami.

Private Island Vacations. If you've had enough of this market and are wonderfully rich your summer getaway spot isn't in the Hamptons: instead, the super-rich are flocking to private islands. Destinations like Richard Branson's Neccar island, which costs $50,000 per night, are already booked a year in advance. For more on these ultimate vacation spots, check out High Net Worth at 8:30pm and 11:30pm Friday on CNBC.

Advanced Micro Devices (AMD) popped 9%. The company's new line of laptop chips are aimed at stealing market share from Intel.


DROPS (stocks that slid lower)

Wachovia (WB) dropped 15%. The super-regional bank replaced CEO Ken Thompson this week. – I’d avoid this stock, says Jeff Macke.

AT&T (T) dropped 4%. Verizon's purchase of Alltel will make it the largest wireless provider knocking 'Ma Bell into second place. – It’s a buy on the dip, exclaims Pete Najarian.

Big Lots (BIG) dropped 2%. We noticed frenzied insider selling at this discount chain. – I wonder what they know, speculates Karen Finerman.

Boeing (BA) dropped 12%. Word that Continental and United were cutting their fleets sent the airplane maker south. – Their backlogs could be diminishing, says Jeff macke.

Bank of America (BAC) dropped 10%. The Fed approved BAC's purchase of beleaguered mortgage lender Countrywide Financial. – I don’t love this stock, says Guy Adami.

Marriott (MAR) dropped 9%. The hotel chain started the week off by lowering its forecast and it was all downhill from there.

TiVo (TIVO) dropped 12%. News of Dish Network and Echostar's lawsuit against DVR maker Tivo sent shares tumbling this week.

CSX Corp. (CSX) dropped 5%. A UBS downgrade hurt this top railroad performer. Analysts fear a possible sector pullback.

Pops & Drops
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...



______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap! If you'd prefer to make a comment but not have it published on our website send your e-mail to .

© 2008 CNBC.com

Permalink: /id/25005631

HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  CNBC MOBILE  |  CNBC HD+
About CNBC   |   Site Map   |   Privacy Policy   |   Terms of Service   |   Advertise   |   Help   |   Feedback   |   Video Reprints
  Data is a real-time snapshot   *Data is delayed at least 15 minutes

Global Business and Financial News, Stock Quotes, and Market Data and Analysis