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 Fifth Third Bancorp and Expedia popped while Humana and Vale dropped.

POPS (stocks that jumped higher)

Rambus (RMBS) popped 6%. The Supreme Court rejected requests by the FTC to impose antitrust penalties that would have curbed royalties collected by the company. – I don’t like companies facing litigation, says Pete Najarian.

Fifth Third Bancorp (FITB) popped 25%. This and other banks rallied on news the government may take up to a 40% stake in Citigroup. – I wouldn’t get excited, counsels Karen Finerman.

Royal Bank Of Scotland (RBS) popped 6%. Reports suggest it will cut costs by more than $1.45 billion and may place about 25% of assets into a non-core unit and then dispose of them. – I think there’s a piece worth saving, says Tim Seymour.

Nova Chemicals (NCX) popped 284%. A firm owned by Emerate of Abu Dhabi agreed to buy Nova in an all cash deal at 4 times the recent stock value.

Expedia (EXPE) popped 2%. Bank of America upgraded the company to “buy” saying bookings could stabilize this year.

Mylan (MYL) popped 2%. Barclays upgraded the firm to “overweight” from “equal weight” for the potential of stronger earnings and “attractive valuation.”

DROPS (stocks that slid lower)

Humana (HUM) dropped 24%. The health insurance firm announced that private Medicare plans would result in smaller-than-expected payment rates. - There seems to be a seasonality to this stock, muses Guy Adami.

Vale (RIO) dropped 12%. Deutsche Bank said 2009 earnings estimates are too bullish and Canaccord Adams cut the stock’s rating to ‘hold’ from ‘buy’. – I think this is a good level to get in, says Tim Seymour.

NYSE Euronext (NYX) dropped 8%. Last week Moody’s said it may cut its credit rating on the firm due to a decline in trading. – Current valuations are attractive but I don’t own any, says Karen Finerman.

Goodyear (GT) dropped 12%. Keybanc Capital Markets downgraded the firm to ‘underweight’ from ‘hold’ saying the company will most likely post a 2009 operating loss. - They make tires; tires go on cars, says Guy Adami. Not a good place to be.

Campbell Soup (CPB) dropped 3%. Earnings dropped 15% from last year due to a stronger dollar.

Barrick Gold (ABX) dropped 4%. The world’s largest gold producer moved in the same direction as gold futures.

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 Feb. 23rd, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders Najarian Owns (GE) Puts; Najarian Owns (GDX) & (GDX) Short Calls; Najarian Owns (HPQ) Calls; Najarian Owns (MSFT) & (MSFT) Short Calls; Najarian Owns (MS) & (MS) Short Calls; Najarian Owns (X) Put Spread; Najarian Owns (WFC) & (WFC) Calls; Seymour Owns (AA), (BAC), (EEM), (FXI); Seymour Is Short (NUE); Seymour's Firm Owns (PCU); Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Finerman's Firm Owns (WFC) Preferred; Finerman's Firm Owns (MSFT), (RIG); Finerman's Firm Is Short (IYR), (IJR), (MDX), (SPY), (BBT), (VNO)

© 2009 CNBC.com

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


Current DateTime: 06:27:23 23 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 06:27:23 23 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 06:27:23 23 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 06:27:23 23 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