Trader Radar - Friday March 27th
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 recently been in the limelight for releasing a device Oprah calls one her new “favorite things”. But today, Goldman Sachs decided the company was no longer one of its favorite things and the online retailer's shares dropped on a downgrade. 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.