Pops & Drops: Fifth Third, Expedia...

Following are the day’s biggest winners and losers. Find out why shares of Fifth Third Bancorp and Expedia popped while Humana and Vale dropped.

POPS (stocks that jumped higher)

Rambus (RMBS) popped 6%. The Supreme Court rejected requests by the FTC to impose antitrust penalties that would have curbed royalties collected by the company. – I don’t like companies facing litigation, says Pete Najarian.

Fifth Third Bancorp (FITB) popped 25%. This and other banks rallied on news the government may take up to a 40% stake in Citigroup. – I wouldn’t get excited, counsels Karen Finerman.

Royal Bank Of Scotland (RBS) popped 6%. Reports suggest it will cut costs by more than $1.45 billion and may place about 25% of assets into a non-core unit and then dispose of them. – I think there’s a piece worth saving, says Tim Seymour.

Nova Chemicals (NCX) popped 284%. A firm owned by Emerate of Abu Dhabi agreed to buy Nova in an all cash deal at 4 times the recent stock value.

Expedia (EXPE) popped 2%. Bank of America upgraded the company to “buy” saying bookings could stabilize this year.

Mylan (MYL) popped 2%. Barclays upgraded the firm to “overweight” from “equal weight” for the potential of stronger earnings and “attractive valuation.”

DROPS (stocks that slid lower)

Humana (HUM) dropped 24%. The health insurance firm announced that private Medicare plans would result in smaller-than-expected payment rates. - There seems to be a seasonality to this stock, muses Guy Adami.

Vale (RIO) dropped 12%. Deutsche Bank said 2009 earnings estimates are too bullish and Canaccord Adams cut the stock’s rating to ‘hold’ from ‘buy’. – I think this is a good level to get in, says Tim Seymour.

NYSE Euronext (NYX) dropped 8%. Last week Moody’s said it may cut its credit rating on the firm due to a decline in trading. – Current valuations are attractive but I don’t own any, says Karen Finerman.

Goodyear (GT) dropped 12%. Keybanc Capital Markets downgraded the firm to ‘underweight’ from ‘hold’ saying the company will most likely post a 2009 operating loss. - They make tires; tires go on cars, says Guy Adami. Not a good place to be.

Campbell Soup (CPB) dropped 3%. Earnings dropped 15% from last year due to a stronger dollar.

Barrick Gold (ABX) dropped 4%. The world’s largest gold producer moved in the same direction as gold futures.

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Trader disclosure: On Feb. 23rd, 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 (GE) Puts; Najarian Owns (GDX) & (GDX) Short Calls; Najarian Owns (HPQ) Calls; Najarian Owns (MSFT) & (MSFT) Short Calls; Najarian Owns (MS) & (MS) Short Calls; Najarian Owns (X) Put Spread; Najarian Owns (WFC) & (WFC) Calls; Seymour Owns (AA), (BAC), (EEM), (FXI); Seymour Is Short (NUE); Seymour's Firm Owns (PCU); Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Finerman's Firm Owns (WFC) Preferred; Finerman's Firm Owns (MSFT), (RIG); Finerman's Firm Is Short (IYR), (IJR), (MDX), (SPY), (BBT), (VNO)