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Pops & Drops: RadioShack, Amazon...

Following are the day’s biggest winners and losers. Find out why shares of RadioShack and Amazon popped while Tellabs and Legg Mason dropped.

POPS (stocks that jumped higher)

RadioShack (RSH) popped 15%. The company reported quarterly revenue that topped Wall Street expectations, helped by its push in mobile phones and calling plans. - I wouldn't chase it but it's a good story, says Guy Adami.

Amazon (AMZN) popped 5%. The firm received a slew of upgrades including one from Barclay’s to "overweight" from "equal weight" due to a structurally solid business model which could strengthen as competition struggles. - It's defying gravity and I'd stay away, counsels Tim Seymour.

Microsoft (MSFT) popped 3%. JPMorgan raised its estimates on the stock to $30 from $20 saying the business would benefit from "further inventory build associated with the launch of Windows 7."

Marvell (MRVL) popped 3%. The company issued an improved forecast citing better demand from customers in a number of markets.

DROPS (stocks that slid lower)

UnitedHealth (UNH) dropped 3%.
This and other health insurance companies slipped after Democratic leader Harry Reid said the Senate's sweeping healthcare reform bill would include a government-run insurance plan that lets states opt out of participation if they choose. - You can't touch this space right now, counsels Joe Terranova.

Tellabs (TLAB) dropped 7%. The company missed on quarterly revenues and forecast flat sales which investors took to mean recovery for telecommunications spending was slow. - I'd keep an eye on this name, says Pete Najarian.

Legg Mason (LM) dropped 1%. Billionaire activist investor Nelson Peltz secured a seat on the company’s board after accumulating a stake of 4.3 percent in the asset manager.

Sohu.com (SOHU) dropped 16%. China's second biggest internet portal fell after it reported third quarter profit fell 15%, more than analysts had expected.




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Trader disclosure: On October 26th, 2009, 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 (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Najarian Owns (BIDU) Dec. Call, Is Short (BIDU) Nov. Call; Najarian Owns (DNDN) Calls, Owns (DNDN) Puts; Najarian Owns (YHOO), Is Short (YHOO) Calls; Terranova Is Short (FCX)

For Joe-Terranova
Terranova Works For (VRTS)
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
Virtus Investment Partners Owns More Than 1% Of (XLY)
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Virtus Investment Partners Owns More Than 1% Of (CLB)
Virtus Investment Partners Owns More Than 1% Of (DLR)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (IGE)
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Virtus Investment Partners Owns More Than 1% Of (DBA)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (UA)

For Dennis Gartman
Funds Managed By Gartman Are Short British Pound Sterling
Funds Managed By Gartman Own Canadian Dollar

Seymour Owns (UNG)
Seymour Owns (CX)
Seymour Owns (AAPL)
Seymour Owns (BAC)
Seymour Owns (EEM)
Seymour Owns (FXI)
Seymour Owns (TTM)

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