Trader Radar - Monday January 12th
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. This online retailer was originally called Cadabra.com, but quickly changed its name after it was thought to sound too much like cadaver. The company has been so successful at online-selling it now operates retail websites for companies like Target and Lacoste. After reporting its best holiday season ever last month, the company felt an abrupt halt to the holiday spirit today as analysts predicted a bleak 09 for the online retailer. Who is it?
A: On the trader radar tonight we’re watching Amazon.com ! The largest online retailer was among the most active names on the Nasdaq today.