Pops & Drops: Lowe's, Starbucks...

Following are the day’s biggest winners and losers. Find out why shares of China Precision Steel and Tree.com popped while Lowe's and Starbucks dropped.

POPS (stocks that jumped higher)

Tree.com (TREE) popped 3%. Investors took a liking to this internet lending business now that it has completely spun off from IAC. – I don’t really like the business, says Jon Najarian.

China Precision Steel (CPSL) popped 10%. The steel processing company closed higher even though the rest of the steel sector fell.

DROPS (stocks that slid lower)

Lowe's (LOW) dropped 3%. The home retailer slid despite a positive note from Morgan Stanley which prefers the company over rival The Home Depot. – I’d stay away, says Jon Najarian.

Trucking Stocks. Across the board trucking stocks were down today on oil’s rise. – I think it was just time to take money off the table, says Joe Terranova. They had a nice run over the past 10 days.

General Electric (GE) dropped 3%. The conglomerate and parent of CNBC was dragged down much like the rest of the market, on broad credit concerns that hounded the financials. – I think traders were selling the rip, says Pete Najarian. The stock had been up 10%.

MGM Mirage (MGM) dropped 9%. Concerns about travel as well as issues in Macau weighed on this stock. – I’d stay away, counsels Guy Adami.

Starbucks (SBUX) dropped 3%. The java giant grapples with ways to attract new business with more consumers feeling strapped for cash. – I’d take some profits if you own it, says Joe Terranova.

Healthways (HWAY) dropped 22%. The disease-management service provider missed analysts’ estimates. – I’d stay out of this thing, says Pete Najarain.

Cablevision (CVC) dropped 5%. Citigroup cut its rating on the stock saying it is already trading at a premium and faces competition from Verizon Fios. – It pains me to say it but this stock might be worth a look, says Guy Adami.

Hanger Orthopedic (HGR) dropped 10%. The maker of medical devices announced it may sell up to 13.6 million shares.

Leggett & Platt (LEG) popped 2%. The maker of lumbar supports for car seats received an upgrade to “Buy,” from “Hold' due to its decision to divest some of its less profitable businesses.




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Trader disclosure: On Aug 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; Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Pete Najarian Owns (CSCO) Call Spread, (RIMM) Call Spread, (TIE) Call Spread; Pete Najarian Owns (AAPL) And Is Short (AAPL) Calls; Pete Najarian Owns (XLF) And (XLF) Puts And Is Short (XLF) Calls; Pete Najarian Owns (LEH) Put Spread; Pete Najarian Owns (MS) And Is Short (MS) Calls; Jon Najarian Owns (AAPL), (C), (RMBS); Jon Najarian Owns (TIE) Calls; Jon Najarian Owns (BRCM) Call Spread; Jon Najarian Owns (LEH) Put Spreads, (STI) Put Spreads; Terranova Owns (YHOO), (AAPL), (RIMM), (SA), (VLO), (EOG), (NOV), (POT), (X), (KOL), (GS), (FCX); Terranova Owns (AIG) Puts

Terranova Is Chief Alternatives Strategist Of Phoenix Investment Partners, Ltd.; Phoenix Investment Partners Owns More Than 1% Of (ABD), (ARE), (BRE), (CNTY), (CLB), (OFC), (DLR), (ESS), (EXR), (FL), (IAT), (IGE), (LNET), (MAC), (OIIM), (PSPT), (DBC), (DBV), (SLB), (SKT), (BLV)

Terranova Is Co-Portfolio Manager Of The Phoenix Diversifier PHOLIO; Phoenix Diversifier PHOLIO Owns (IGE), (DBC), (DBV)

GE Is The Parent Company Of CNBC; NBC Universal Is The Parent Company Of CNBC