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Pops & Drops: Iron Mountain, Human Genome, NetApp and More

Stocks closed near session lows and below psychologically important levels, as global worries triggered by European sovereign debt and a slowing in Chinese growth escalated after news of violence against protesters in Saudi Arabia.

Amidst it all, the "Fast Money" traders found the following to be the most notable market movers on Thursday.

POPS (stocks that went higher)

Iron Mountain (IRM) popped 5%: This stock rose after Elliott management called for a strategic review of Iron Mountain's capital allocation and operational efficiency, said Karen Finerman, president of Metropolitan Capital Advisors.

Human Genome (HGSI) popped 13%: Shares jumped after news the FDA approved a lupus drug, the first new treatment for the disease in more than 50 years. The drug was developed in collaboration with GlaxoSmithKline . At a certain point, GSK may seek to acquire Human Genome, said Guy Adami of Drakon Capital.

DROPS (stocks that went lower)

NetApp (NTAP) drops 6%: The data storage products maker caught a downgrade from Susquehanna, which took it to 'neutral' from 'positive.' Options trader Pete Najarian said this stock has fallen to an attractive level.

Smithfield Foods (SFD) dropped 2%: Being as this food company recently reported a strong quarter and with pork margins becoming manageable, Joe Terranova of Virtus Investment Partners thinks now is the time to buy SFD.

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Trader disclosure: On Mar. 10, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Joe Terranova Owns (VRTS), (C), (GS), (PNC), (USB), (JPM), (UPL), (ABT), (MS), (PBR), (BAX), (TEVA), (CVI), (RSX), (SU) and (CNQ). Guy Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE) and (BTU). Pete Najarian Owns (AAPL) and (TCK).

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Comcast Is The Parent Company Of NBCUniversal
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GE Owns 49% Of CNBC

JOE TERRANOVA
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
Virtus Investment Partners Owns More Than 1% Of (ABAX)
Virtus Investment Partners Owns More Than 1% Of (AMKR)
Virtus Investment Partners Owns More Than 1% Of (CCG)
Virtus Investment Partners Owns More Than 1% Of (CASS)
Virtus Investment Partners Owns More Than 1% Of (CSVI)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (FCFS)
Virtus Investment Partners Owns More Than 1% Of (KRC)
Virtus Investment Partners Owns More Than 1% Of (LDR)
Virtus Investment Partners Owns More Than 1% Of (LPHI)
Virtus Investment Partners Owns More Than 1% Of (NCRI)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (XLE)
Virtus Investment Partners Owns More Than 1% Of (XLF)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLK)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (SUBK)
Virtus Investment Partners Owns More Than 1% Of (WDFC)
Virtus Investment Partners Owns More Than 1% Of (YDNT)
Virtus Investment Partners Owns More Than 1% Of (DOM)

KAREN FINERMAN
Finerman's Firm Is Short (IWM)
Finerman's Firm Is Short (MDY)
Finerman's Firm Is Short (SPY)
Finerman's Firm Is Short (XRT)
Finerman's Firm Is Long S&P 500 Puts
Finerman's Firm Is Long Russell 2000 Puts
Finerman's Firm And Finerman Own (AAPL)
Finerman Owns (GOOG)
Finerman's Firm And Finerman Own (MSFT)
Finerman Owns (USO)
Finemran's Firm Owns (JPM), (JPM) Leap
Finerman Owns (JPM)
Finerman's Firm Owns (FDO)

ZACHARY KARABELL
Karabell And River Twice Capital Own (AAPL)
Karabell And River Twice Capital Own (CSCO)
Karabell And River Twice Capital Own (BRCM)
Karabell And River Twice Capital Own (GOOG)
Karabell And River Twice Capital Own (FXI)
Karabell And River Twice Capital Own (FCX)
Karabell And River Twice Capital Own (VALE)
River Twice Capital Owns (VALE)
River Twice Capital Owns (BRCM)
River Twice Capital Owns (SBUX)
River Twice Capital Owns (QCOM)
River Twice Capital Is Short (SPY)
River Twice Capital Is Short (QQQQ)
River Twice Capital Is Short (SMH)

ANTHONY SCARAMUCCI
SkyBridge Is A Fund Of Funds Manager
Funds Held May Or May Not Own The Recommended Securities

SOT/TIM SEYMOUR 2/15/11
***NO DISCLOSURES ON GMCR

SOT/PETE NAJARIAN 1/3/11
***NO DISCLOSURES ON HPQ

SOT/ANTHONY SCARAMUCCI 3/3/11
***NO ADDITIONAL DISCLOSURE NECESSARY

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