Stocks On The Move: Verizon, Autozone...

Following are the day’s biggest winners and losers. Find out why shares of Verizon (VZ) and Autozone (AZO) popped while Walgreen (WAG) and Research in Motion (RIMM) dropped.

POPS (stocks that jumped higher)

Verizon (VZ) popped 2%.The phone and wireless giant jumped for no clear reason. – Pete Najarian thinks the stock will go higher.

Autozone (AZO) popped 19%. The largest U.S. retailer of automobile parts soared after quarterly profit beat estimates.

Jamba Inc. (JMBA) popped 9%. The smoothie stock behind "Jamba Juice" surged after it cut a deal to make bottled juice with Nestle. – Karen Finerman says she’s not excited.

Sanderson Farms (SAFM) popped 7%.The third- biggest U.S. poultry producer said Q4 profit more than doubled on higher chicken prices.

Activision (ATVI) popped 7%. The videogame maker soared higher after it agreed Monday to sell a controlling stake to Vivendi and create the world's largest videogame maker.

Rio Tinto (RTP) popped 2%. The Chinese steelmakers and the government are studying a joint bid for Rio Tinto to counter a $134 billion offer from BHP Billiton.

Chimps. A Japanese study suggests young chimpanzees have a powerful memory that performs far better than that of adult humans. In a report published in the journal "Current Biology," the chimps beat university students in both speed and accuracy in a multiyear study.

DROPS (stocks that slid lower)

Walgreen (WAG) dropped 2%. Same-store sales rose 4.4% in November at the pharmacy chain - but it wasn’t enough to impress the Street. – Guy Adami expects negative news from this company.

Research in Motion (RIMM) dropped 3%.Monday’s downgrade by a Morgan Keegan analyst still weighed on the Blackberry maker's shares.

Echostar (DISH) dropped 5%. Speculation mounted that the satellite television operator had entered the U.S. government auction for wireless spectrum. If that speculation turns out to be true, it would rule out any chance of merger talks with AT&T, as regulations prevent any two bidding parties from holding merger talks. – Guy Adami recommends buying DISH as a trade with a stop-out below $38.

Dona Chepa. "Dona Chepa," the granddaughter of a Kentucky Derby winner has the worst record ever for a thoroughbred horse with a 0-128 record.

Phillips-Van Heusen (PVH) dropped 13%. The maker of clothing under brand names ranging from Calvin Klein to Sean John forecast an annual profit below expectations. – Jeff Macke explains it’s a tough time to be selling to department stores.

XM Satellite Radio (XMSR) dropped 5%. A Goldman Sachs analyst said to unload shares of the satellite radio company, with or without a deal. – I see nothing good in this stock, says Guy Adami.

Got something to say? Send us an e-mail at and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to

Trader disclosure: On Dec. 4, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (ATVI), (DIS), (SWY); Najarian Owns (TSL) Options, (XMSR) Options, (YHOO) Options; Finerman's Firm And Finerman Own (GS); Finerman's Firm Owns (JWN), (KSS), (WMT), (YHOO); Finerman's Firm Owns (MSFT) Options, (BIIB) Options; Finerman's Firm Is Short (IJR), (IYR), (IWM), (SPY), (MBI), (LEN); Finerman's Firm Is Short (MDY) And Owns (MDY) Puts; Finerman's Firm Owns (HD) And (HD) Puts, Finerman Owns (HD); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm Owns Russell 2000 Puts; Vivendi Owns 20% Of NBC Universal, The Parent Company Of CNBC