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Pops & Drops: Under Armour, Molycorp...

Following are moves you might have missed. Find out why shares of Under Armour and Molycorp popped while Apollo Group and BP dropped.

POPS (stocks that jumped higher)

Under Armour (UA) popped 5%. This stock was among the many retailers that traded higher as investors snapped up names thought to have been oversold after the Japan quake. - At 50 times earnings, I'd wait for a pullback, says Pete Najarian.

Molycorp (MCP) popped 4%. JPMorgan raised its price target on the stock to $77 from $66 citing the recent uptick in domestic rare earths prices in China. - I think the stock makes new highs, says Brian Kelly.

Walgreens (WAG) popped 2%. Credit Suisse upgraded the stock to Outperform from Neutral, with a $46 price target citing a ‘fundamental turnaround’ among the catalysts. - Nice, says Tim Seymour.

DROPS (stocks that slid lower)

Apollo Group (APOL) dropped 5%. The company said new student enrollment may decline for the next several quarters due it part to tougher admission standards. - Big drop, says Karen Finerman.

BP (BP) dropped 3%. Published reports suggested that the DoJ was considering possible criminal charges related to the Gulf of Mexico disaster in which 11 people were killed. - I'd look for energy exposure elsewhere, says Joe Terranova.




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Trader disclosure: On March 29, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Finerman's Firm Is Short (IWM; Finerman's Firm Is Short (SPY); Finerman's Firm Is Short (IJR); Finerman's Firm Is Long S&P 500 Put; Finerman's Firm Is Long Russell 2000 Puts; Finerman's Firm And Finerman Own (AAPL); Finerman's Firm Owns (BAC) Leaps; Finerman Owns (BAC); Finerman's Firm And Finerman Own (BP); Finerman's Firm And Finerman Own (CVS); Finerman Owns (GOOG); Finerman's Firm Owns (JPM), (JPM) Leaps; Finerman Owns (JPM); Finerman's Firm And Finerman Own (MSFT); Finerman Owns (USO); Finerman's Firm Owns (WMT); Terranova is long ( C); Terranova is long (GS); Terranova is long (VRTS); Terranova is long (JPM); Terranova is long (UPL); Terranova is long (MS) ; Terranova is long (PBR); Terranova is long (BAX); Terranova is long (TEVA); Terranova is long (IBM) ; Terranova is long (XOM); Terranova is long (JNPR); Terranova is long (DIS); Terranova is long (CVI); Terranova is long (RSX); Terranova is long (CNQ; Terranova is long (AAPL) puts; Terranova owns (AKAM) calls; Najarian is Long (AAPL); Najarian is Long (BAC) calls; Najarian is Long (BTU) call spread; Najarian is Long ( C ); Najarian is Long (CVS) calls; Najarian is Long (GE); Najarian is Long (JPM) calls; Najarian is Long (MS); Najarian is Long (RIMM) call spread

For 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)

For Brian Kelly
Accounts managed by Kanundrum Capital are Long (EBAY)
Accounts managed by Kanundrum Capital are Long (RDC)
Accounts managed by Kanundrum Capital are Long (ATW)
Accounts managed by Kanundrum Capital are Long (VLO)
Accounts managed by Kanundrum Capital are Long (TSO)
Accounts managed by Kanundrum Capital are Long (GLD)
Accounts managed by Kanundrum Capital are Long (SLV)
Accounts managed by Kanundrum Capital are Long gold
Accounts managed by Kanundrum Capital are Long silver
Accounts managed by Kanundrum Capital are Long oil
Accounts managed by Kanundrum Capital are Long U.S. dollar
Accounts managed by Kanundrum Capital are Short yen
Accounts managed by Kanundrum Capital are Short (XLF)
Accounts managed by Kanundrum Capital are Short (IXG)

For Barry Ritholtz
**No Disclosures

For Brian Sozzi
**Brian Sozzi does not have disclosures on HD, TGT, COST, CVS, or URBN

For Ed Groshans
**No Disclosures

For Scott Nations
**No Disclosures

For karen finerman SOT 11/2/10
**No Disclosures

For Michael Gambardella SOT 3/29/11
***MICHAEL GAMABARDELLA HAS DISCLOSED FOR: MOLYCORP, AK STEEL, ALCOA, FREEPORT-MCMORAN, U.S. STEEL
J.P. Morgan Acted As Lead Or Co-Manager In A Public Offering Of Securities For (MCP), (AKS), (AA) In Past 12 Months
(MCP), (AKS), (AA), (FCX), (X) Is Or In Past 12 Months Was An Investment Banking Client Of J.P. Morgan
J.P. Morgan Recieved Investment Banking Compensation From (MCP), (AKS), (AA), (FCX), (X) In Past 12 Months
J.P. Morgan Expects To Recieve/Seek Investment Banking Compensation From (MCP), (AKS), (AA), (FCX), (X) In Next 3 Months
An Affiliate Of JPMS Recieved Non-Investment Banking Compensation From (MCP), (AKS), (AA), (FCX), (X) In Past 12 Months
(AKS), (FCX), (X) Is Or In Past 12 Months Was A Client Of J.P. Morgan (Non-Investment Banking Securirites-Related Service, Non-Securities Related Services)
An Affiliate Of JPMS Recieved Non-Investment Banking Compensation From (AKS), (AA), (FCX), (X) In Past 12 Months
(AA) Was A Client Of J.P. Morgan In Past 12 Months (Non-Investment Banking Securities-Related Service)

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

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