Pops & Drops: Darden, Nokia...

Following are the day’s biggest winners and losers. Find out why shares of Darden and Nokia popped while Massey and XTO Energy dropped.

POPS (stocks that jumped higher)

Barclays PLC (BCS) popped 4%. The bank said it will raise $8.85 billion to shore up its capital position. – I’d avoid this stock, says Guy Adami.

Pier 1 Imports (PIR) popped 6%. The specialty retailer dropped its bid to buy rival Cost Plus. – Not a terribly good reason for a pop, says Karen Finerman.

Darden Restaurants (DRI) popped 7%. The world's largest restaurant operator in terms of revenue posted strong earnings that topped expectations. – If it falls below $30 get out, counsels Joe Terranova.

Ashland Inc. (ASH) popped 9%. JP Morgan upgraded the company to 'Neutral' from 'Underweight' claiming the stock is reasonably valued at current price. – Guy Adami doesn’t know what to say.

Luxottica Group (LUX) popped 9%. The world's biggest maker of eyeglasses said it plans to confirm 2008 guidance later this week. – It looks like a relief rally, says Karen Finerman.

Nokia (NOK) popped 6%. Key component supplier Jabil posted a strong quarterly report which suggests demand for Nokia's products remains solid. – It’s about time, says Pete Najarian.

Winn-Dixie Stores (WINN) popped 13%. Friedman Billings Ramsey upgraded the company to 'Outperform' from 'Market Perform' claiming the company will be able to withstand the tough market. – I think this stock has room to the upside, says Joe Terranova.

Pzena Investment Management (PZN) popped 4%. For the second time in two days the investment management firm popped for no clear reason. – I don’t know why either, says Karen Finerman.

Jabil Circuit (JBL) popped 16%. The electronic component maker exceeded Wall Street expectations for quarterly profit. – Just about anyone who provided anything to the wireless industry looked great today, says Pete Najarian.

DROPS (stocks that slid lower)

Massey Energy Company (MEE) dropped 2%. The Wall Street Journal reported coal producers can't keep up with worldwide demand. – I don’t think the pullback is that bad, says Pete Najarian.

XTO Energy (XTO) dropped 4%. The oil and gas producer slid with many other stocks in that sector. – I’d take a wait and see approach, says Joe Terranova.

Rockwell Automation (ROK) dropped 12%. The industrial automation company lowered third quarter earnings guidance citing less favorable market conditions.

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Trader disclosure: On June 25, 2008, 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 (AAPL), (ANR), (CHK), (NOK), (NVDA), (ORCL), (TSO), (XLF), (XTO), Najarian Owns (YHOO) Calls, (MYGN) Calls, (RIMM) Calls, (SLB) Calls, (UBS) Calls; Finerman Owns (GS); Finerman's Firm Owns (AXP), (MSFT), (PZN), (SUN), (TSO), (VLO), (KALU), (CYBX); Finerman's Firm And Finerman Own (C) And (C) Leaps; Finerman's Firm Owns SPX Index Puts; Finerman's Firm Is Short (IYR), (IJR), (MDY), (IWM), (SPY); Karen Finerman's Partner In Her Hedge Fund Is On The Board Of Cyberonics; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Terranova Owns (BNI), (CME), (FXC), (LUV), (GOOG), (INTC), (IYT), (XLF), (SU), (YHOO), (FCX)

Terranova is chief alternatives strategist at Phoenix Investment Partners; Phoenix Investment Partners Ltd. Owns (RWX), (DBC), (DBV), (IGE), (AAI), (ALK), (AMR,) (APA), BP plc, British Airways plc, (CHK), (CVX), (COP), (CAL), (DAL), ENI SPA, (XOM), Gazprom, (HA), (HES), (HOC), (HSE), (JBLU), Lukoil, (MRO), (MUR), (OXY), Petrobras Intl Fin, Petro-Canada, (PBR), Petroleos De Venezuela, (QAN), (RJET), Royal Dutch Shell plc A Shares, (SKYW), (LUV,) (SU), (TSO), Texaco Capital, Total SA, (UAUA), (LCC), (VLO)