Following are the days biggest winners and losers. Find out why shares of Sprint (S), Alcoa (AA) and American Axle (AXL) poppedwhile TiVO (TIVO) and Martha Stewart Living (MSO) dropped.
POPS (stocks that jumped higher)
Following are the days biggest winners and losers. Find out why shares of Sprint (S), Alcoa (AA) and American Axle (AXL) poppedwhile TiVO (TIVO) and Martha Stewart Living (MSO) dropped.
Sprint (S) popped 3%. Sprint gained after saying it will be the first carrier to offer Motorola's RAZR 2 handset. – Guy Adami thinks the stock might have turned.
Alcoa (AA) popped 2%. The aluminum giant rebounded after loosing more than a quarter of its value in the past month. – Eric Bolling likes this stock.
Usec (USU) popped 4%. The uranium producer remained the subject of takeover talk, even though Jefferies said the shares are too rich. - Eric Bolling says there’s speculation this company could be a takeover candidate.
American Axle (AXL) popped 7%. The auto parts maker rebounded after getting knocked lower in the recent volatility. – Guy Adami likes this stock.
Polo Ralph Lauren (RL) popped 6%. Ralph's back on the horse as the company is buying back stock following a profit warning last week that put the shares on the clearance rack. – Jeff Macke says sell RL and by Coach.
ValueClick (VCLK) popped 9%. JPMorgan upgraded the online advertising company, saying it had fallen too far in recent weeks. – Eric Bolling says buy VCLK on a dip.
Computer Sciences (CSC) popped 9%. The IT outsourcing company made the biggest move in the S&P 500 on virtually no news. – Eric Bolling says sell CSC.
Discover Financial Services (DFS) popped 6%. After being spun off from Morgan Stanley last month, has the credit-card issuer found its footing? Guy Adami says he likes American Express and Mastercard better.