Trader Radar - Wednesday January 21st

Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. Inspired by a baseball glove in 1941, the founder of this handbag company created his first bag from the same tanned leather. The company has since expanded from its popular handbags to sunglasses and footwear. But even with the tough leather of a mitt this retailer couldn’t catch a break today, as shares plunged on disappointing second quarter results. Who is it?

A: On the trader radar tonight we’re watching Coach! The largest maker of luxury leather handbags was among the most active names on the NYSE today.