Walgreen (WAG) dropped 3%. The company posted a smaller-than-expected rise in same-store sales in November. - I prefer CVS, reveals Karen Finerman.
Nokia (NOK) dropped 4%. The company said it expects its mobile device market share to be flat in 2010. - That's not good, chuckles Joe Terranova.
Gamestop (GME) dropped 8%. Rival Wal-Mart offered deals on popular video games and the Nintendo Wii leading up to the holidays.
Constellation Brands (STZ) dropped 3%. The maker of Svedka fell after Goldman Sachs said wine sales will disappoint and alcohol sales will remain subdued in 2010.
DR Horton (DHI) dropped 3%. The homebuilder traded lower today on no particular news.
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Trader disclosure: On December 2nd, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Terranova Owns (SU), (GOOG) ; Finerman's Firm Owns (BAC) Preferred, (BAC), (BAC) Calls; Finerman Owns (BAC) Preferred, (BAC); Finerman's Firm Owns (PLCE), (MSFT), (WMT), (PDE), (RIG), (TGT); Finerman's Firm Is Short (IJR), (IWM), (MDY), (SPY), (USO), (UNG; Grasso Owns (AAPL), (BA), (BAC), (C), (WMT), (V); Najarian Owns (AAPL) Call Spread; Najarian Owns (BRCD) & (BRCD) Calls; Najarian Owns (INTC) & Short (INTC) Calls; Najarian Owns (DELL) Calls; Najarian Owns (DE) Call Spread; Najarian Owns (FCX) Call Spread; Najarian Owns (INTC) & (INTC) Calls; Najarian Owns (UAUA) Call Spread
For Steve Grasso:
Stuart Frankel Owns (NWS),
Stuart Frankel Owns (PDE)
Stuart Frankel Owns (SDS)
Stuart Frankel Owns (YHOO)
Stuart Frankel is Short (QQQQ)
Funds Managed By Todd Gordon Are Short Eur/ Dollar