×

Pops & Drops: GameStop, Honda...

Following are the day’s biggest winners and losers. Find out why shares of GameStop and Honda popped while Wynn Resorts and Palm dropped.

POPS (stocks that jumped higher)

GameStop (GME) popped 2%. The video game retailer said it plans to hire about 15,000 part time workers for the holiday season. - I think that bodes well, says Karen Finerman.

Honda Motor (HMC) popped 5%. Japan’s second largest carmaker boosted its earnings forecast for the year. - That's very good, says Tim Seymour.

Celanese (CE) popped 9%. The specialty chemical maker beat analysts’ estimates for the third quarter as profits jumped. - I thought the metrics were impressive, says Pete Najarian.

LDK Solar (LDK) popped 3%. The company increased its third quarter revenue forecast, above analysts’ estimates.

DROPS (stocks that slid lower)

Wynn Resorts (WYNN) dropped 11%. This and other casino stocks closed lower after Vegas revenue per room continued to weigh down the sector. - Give it 2 or 3 days before you make a move, says Joe Terranova.

Palm (PALM) dropped 6%. BMO downgraded the company to ‘underperform’ from ‘market perform’ , citing a likely miss on guidance in the second half of FY2010.

Under Armour (UA) dropped 11%. Profits at the athletic gear company came in lower than analyst forecasts.

Baidu (BIDU) dropped 11%. The company’s fourth quarter revenue outlook misses expectations.



______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap! If you'd prefer to make a comment but not have it published on our website send your e-mail to fastmoney@cnbc.com.


Trader disclosure: On Oct. 23th, 2009, 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 (BX); Najarian Owns (GE) Calls; Najarian Owns (LAZ) & (LAZ) Puts; Najarian Owns (MYL) Call Spread; Najarian Owns (RIMM) Call Spread; Najarian Owns (WFT) Call Spread; Najarian Owns (YHOO) & Short (YHOO) Calls; Najarian Owns (STX) Calls; Najarian Owns (CLF) & Short (CLF) Calls; Finerman Owns (RIG), (TGT), (WMT), (WFC), (PDE); Finerman's Firm Owns (BAC) Preferred; Finerman Owns (BAC) Preferred; Finerman's Firm Owns (WFC), (FLS), (MSFT), (PBR), (PDE), (RIG), (PLCE), (TJX); Finerman's Firm Is Short (IJR), (MDY), (SPY), (IWM), (USO), (UNG); Terranova Owns (HES), (JPM), (IBM); Seymour Owns (AAPL), (BAC), (EEM), (FXI), (SBUX)

For Jamie Baker:
JP Morgan Owns (UAUA)
JP Morgan Has An Investment Banking Relationship With (UAUA)
JP Morgan Has An Investment Banking Relationship With (CAL)
JP Morgan Has An Investment Banking Relationship With (AMR)

For Paul Sankey:
Deutsche Bank Owns (VLO)
(VLO) Is an Investment Banking Client of Deutsche Bank
Deutsche Bank Has Received Compensation From (VLO)
(VLO) Has Been A Client Of Deutsche Bank In Past Year

Deutsche Bank Owns (HES)
(HES) Is an Investment Banking Client of Deutsche Bank
Deutsche Bank Has Received Compensation From (HES)
(HES) Has Been A Client Of Deutsche Bank In Past Year
Deutsche Bank Owns (BP)
(BP) Is an Investment Banking Client of Deutsche Bank
Deutsche Bank Has Received Compensation From (BP)
(BP) Has Been A Client Of Deutsche Bank In Past Year
Deutsche Bank Owns (OXY)
(OXY) Is an Investment Banking Client of Deutsche Bank
Deutsche Bank Has Received Compensation From (OXY)
(OXY) Has Been A Client Of Deutsche Bank In Past Year
(SUN) Is an Investment Banking Client of Deutsche Bank
Deutsche Bank Has Received Compensation From (SUN)
Deutsche Bank Owns (PDE)
(PDE) Is an Investment Banking Client of Deutsche Bank
Deutsche Bank Owns (COP)
(COP) Is an Investment Banking Client of Deutsche Bank
Deutsche Bank Has Received Compensation From (COP)
(COP) Has Been A Client Of Deutsche Bank In Past Year
Deutsche Bank Owns (CVX)
Deutsche Bank Has Received Compensation From (CVX)
(CVX) Is an Investment Banking Client of Deutsche Bank
Deutsche Bank Owns (XOM)
Deutsche Bank Has Received Compensation From (XOM)
(XOM) Is an Investment Banking Client of Deutsche Bank

For Peter Schiff
Schiff Is Long Gold
Schiff is Short U.S Dollar