Following are the day’s biggest winners and losers. Find out why shares of Prudential Financial (PRU), Collective Brands (PSS) andMicron (MU) popped while Yahoo (YHOO) andGeneral Motors (GM) dropped.
POPS (stocks that jumped higher)
Prudential Financial (PRU) popped 3%. The financial services company closed up on virtually no news. – Guy Adami says PRU is a great baby boomer play.
Collective Brands (PSS) popped 6%. The parent company of Payless Shoes rose after announcing that the Stride Rite acquisition would result in cost efficiencies. – Karen Finerman is happy with this pop.
Micron (MU) popped 6%. Shares of the chip maker exploded, after Lazard said growth in their flash memory division would catapult earnings past the Street's expectations. – Pete Najarian prefers SanDisk.
China BAK Battery (CBAK) popped 20%. We had never heard of this Chinese battery maker before yesterday, and now it's making its second consecutive POP on our list. – Pete Najarian likes this company.
BEA Systems (BEAS) popped 2%. Carl Icahn commented on the software firm last night on Fast Money. – Jeff Macke likes this stock.
DROPS: (stocks that slid lower)
Yahoo (YHOO) dropped 2%. The number two search engine pulled back from the tech rally. – Jeff Macke reveals he’s now bullish on YHOO.
General Motors (GM) dropped 3%. The "end-of-strike party" is over and GM retreated after Wednesday's gains. – Jeff Macke feels the dip is fine for GM.
Advanced Micro Devices (AMD) dropped 3%. While Micron popped, this competitor dropped. – Guy Adami doesn’t like AMD.
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Trader disclosure: On Sept. 27, 2007, 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 (DISH), (NAT), (UA); Finerman's Firm Owns (BEAS), (NYX), (NMX), (PSS), (WMT), (TXI); Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Owns (MSFT) Options