Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

FAST MONEY FEATURES

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




Full ShowFull ShowFULL SHOWS
Missed an episode of Fast Money?  Watch the lastest show here.




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



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 day’s biggest winners and losers. Find out why shares of Medtronic and Reliance Steel popped while Las Vegas Sands and Starbucks dropped.

POPS (stocks that jumped higher)

Medtronic (MDT) popped 2%. Investors were impressed with sales of a new heart stent and the medical device maker said they had reduced costs. – Everything is going well for them right now, says Pete Najarian.

Reliance Steel (RS) popped 5%. A Goldman Sachs analyst increased his earnings estimate for the company. – I think it’s cheap on a valuation basis, says Guy Adami.

Massey Energy (MEE) popped 7%. The coal producer climbed as investors turned bullish on the price of crude. – These names have been beaten but be careful, counsels Pete Najarian.

Wellcare Health Plans (WCG) popped 10%. The managed-health-care provider will pay $35.2 million for a Medicaid fraud investigation, which was a good outcome for the company. – It’s a bounce, says Guy Adami.

Tasr International (TASR) dropped 5%. The stun-gun maker named a new Chief Strategy Officer and GM for its new virtual systems division. – The new manager is from Microsoft, adds Karen Finerman.

Federated Investors (FII) popped 4%. The financial services company declared a special cash dividend of $2.76 a share.

DROPS (stocks that slid lower)

Las Vegas Sands (LVS) dropped 11%. All the casino names that operate in Macau are down after the country threatened to impose travel limits on the gambling destination. – Casino stocks are a sinkhole, exclaims Jeff Macke.

Starbucks (SBUX) dropped 3%. The java giant said its largest shareholder, Maverick Capital, is liquidating its position in the company. – Oh well, says Karen Finerman.

Crocs (CROX) dropped 11%. Credit crunch fears sparked sell-offs in a number of stocks including this one.- Why would you do anything but sell this stock, says Jeff Macke.

China Techfaith Wireless (CNTF) dropped 26%. China’s maker of mobile phones forecast weak revenue for its third quarter. – I wouldn’t invest in a communist nation, says Jeff Macke.

Amylin (AMLN) dropped 4%. The drugmaker was dragged down by Monday’s news that the FDA is issuing safety advisories for the company’s diabetes drug Byetta due to cases of pancreatitis linked to the drug. – At some point I think the stock will turn around, says Pete Najarian.

Lululemon (LULU) dropped 7%. The athletic apparel maker slid for no apparent reason.


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 .

Trader disclosure: On Aug 19, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (C), (AGU), (BTU), (GS), (INTC), (MSFT), (NUE); Macke Is Short (TM); Macke Owns (MSFT), (WMT), (DIS), (CY); Najarian Owns (AAPL) And Is Short (AAPL) Calls; Najarian Owns (CSCO) Call Spread; Finerman Owns (GS); Finerman's Firm And Finerman Own (C) Leap; Finerman's Firm Owns (MSFT), (SUN), (TSO), (VLO); Finerman's Firm Is Short (SPG), (COF), (IYR), (IWM), (IJR), (SPY), (MDY), (BBT)

© 2009 CNBC.com

Tools:
PrintEmailAdd This share icon
Next Post
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 01:44:15 26 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:01:06 26 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 01:06:33 26 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:06:33 26 Nov 2009
LinksList Documentid: 29779198
  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

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters