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Pops & Drops: Wendy's, Avis...

Following are moves you might have missed. Find out why shares of Wendy’s and Avis popped while Morgan Stanley dropped.

POPS (stocks that jumped higher)

Wendy’s (WEN) popped 6%. The company inked a deal to sell most of its Arby's roast beef sandwich chain to private equity firm Roark Capital Group for about $130 million in cash. - Good move, says Tim Seymour.

Avis Budget Group (CAR) popped 6%. After operating separately for 25 years, Avis said it was buying back its European namesake; Avis Europe in a move that’s expected to generate a cost savings of $30 million a year. - I think it rallies again on Wednesday, says Guy Adami.

Aetna (AET) popped 4%. Investors reacted enthusiastically to news that Aetna plans to buy the Medicare supplement business of Genworth. - No reason not to say with it, says Joe Terranova.

Freeport-McMoRan (FCX) popped 4%. Perhaps gains were technical after the share price crossed above its 10-day moving average, typically a bullish sign. - It's a sign of risk-on, says Karen Finerman.

MGM Resorts (MGM) popped 3%. Citadel Securities upgraded this and other casino stocks citing strength in Macau and Singapore. - Casino names have been flying, says Tim Seymour.

Krispy Kreme Doughnuts (KKD) popped 9%. Perhaps investors were anticipating a breakout after strong earnings last quarter drove the stock to a 52-week high. - Valuations don't make sense, says Guy Adami, but I wouldn't be surprised to see it rally on Wednesday.

GT Solar (SOLR) popped 8%. The company raised its fiscal first-quarter earnings and revenue outlook, anticipating a strong year-end backlog due to demand for its sapphire furnaces. - I'd stay with it, counsels Joe Terranova.

DROPS (stocks that slid lower)

Morgan Stanley (MS) dropped 2%. RBC initiated coverage of this firm and Goldman with an ‘Underperfrom’ rating saying they would be the most affected by the proposed Dodd-Frank Act.






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Trader disclosure: On June 14, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Finerman's Firm Is Short (SPY); Finerman's Firm Is Short (MDY); Finerman's Firm Is Short (IWM); Finerman's Firm Is Long S&P 500 Puts; Finerman's Firm Is Long Russell 2000 Puts; Finerman's Firm And Finerman Own (AAPL); Finerman's Firm Owns (BAC) Leap, Finerman Owns (BAC); Finerman's Firm Owns (FXCB); Finerman's Firm Owns (IBM); Finerman's Firm Owns (JPM), (JPM) Leap; Finerman Owns (JPM); Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT)l Adami Owns (NUE); Adami Owns (BTU); Terranova Owns (VRTS); Terranova Owns (IBM); Terranova Owns (FCX); Terranova Owns (CVI); Terranova Owns (F); Terranova Owns (AAPL); Terranova Owns (CAT); Terranova Owns (BX); Terranova Owns (HPQ); Terranova Owns (MA); Terranova Owns (PEP); Terranova Owns (MCD); Terranova Owns (TM); Terranova Owns (DAR); Terranova Owns (BJ); Terranova Owns (XOM); Terranova Is Short (DELL); Weiss Owns (QCOM); Weiss Owns (SWC); Weiss Owns (JPM); Weiss Owns (EMC); Weiss Owns (ETP); Weiss Owns (NS); Weiss Owns (DVN); Weiss Owns (COP); Weiss Owns (HK); Weiss Owns (TWM); Weiss Owns (MRK); Weiss Owns (HAIN); Weiss Owns (TEVA); Weiss Owns (UUP); Weiss Owns (MSFT); Weiss Owns (CMA); Weiss Owns (GLW); Weiss Owns (PZN); Weiss Is Short (FWLT); Weiss Is Short (FLR); Weiss Is Short (SHAW)

For Joe Terranova
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
Virtus Investment Partners Owns More Than 1% Of (ABAX)
Virtus Investment Partners Owns More Than 1% Of (AMKR)
Virtus Investment Partners Owns More Than 1% Of (CCG)
Virtus Investment Partners Owns More Than 1% Of (CASS)
Virtus Investment Partners Owns More Than 1% Of (CSVI)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (FCFS)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (KRC)
Virtus Investment Partners Owns More Than 1% Of (LDR)
Virtus Investment Partners Owns More Than 1% Of (LHO)
Virtus Investment Partners Owns More Than 1% Of (NRCI)
Virtus Investment Partners Owns More Than 1% Of Sun Pharmaceutical Industries Ltd.
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (XLE)
Virtus Investment Partners Owns More Than 1% Of (XLF)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLK)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (SUBK)
Virtus Investment Partners Owns More Than 1% Of (WDFC)
Virtus Investment Partners Owns More Than 1% Of (YDNT)
Virtus Investment Partners Owns More Than 1% Of DOMINO'S PIZZA UK & URL PLC

For Peter Boockvar
***No Disclosures

For Mike Khouw
Cantor Fitzgerald & Co. Is A Market Maker In (AAPL)
Cantor Fitzgerald & Co. Is A Market Maker In (AMD)
Cantor Fitzgerald & Co. Is A Market Maker In (AET)
Cantor Fitzgerald & Co. Is A Market Maker In (AXP)
Cantor Fitzgerald & Co. Is A Market Maker In (BAC)
Cantor Fitzgerald & Co. Is A Market Maker In (BBY)
Cantor Fitzgerald & Co. Is A Market Maker In (BCSI)
Cantor Fitzgerald & Co. Is A Market Maker In (C)
Cantor Fitzgerald & Co. Is A Market Maker In (CAR)
Cantor Fitzgerald & Co. Is A Market Maker In (CHKP)
Cantor Fitzgerald & Co. Is A Market Maker In (FCX)
Cantor Fitzgerald & Co. Is A Market Maker In (FIRE)
Cantor Fitzgerald & Co. Is A Market Maker In (FXCB)
Cantor Fitzgerald & Co. Is A Market Maker In (GOOG)
Cantor Fitzgerald & Co. Is A Market Maker In (GS)
Cantor Fitzgerald & Co. Is A Market Maker In (IWM)
Cantor Fitzgerald & Co. Is A Market Maker In (JPM)
Cantor Fitzgerald & Co. Is A Market Maker In (MGM)
Cantor Fitzgerald & Co. Is A Market Maker In (MS)
Cantor Fitzgerald & Co. Is A Market Maker In (MA)
Cantor Fitzgerald & Co. Is A Market Maker In (SOLR)
Cantor Fitzgerald & Co. Is A Market Maker In (SYMC)
Cantor Fitzgerald & Co. Is A Market Maker In (V)
Cantor Fitzgerald & Co. Is A Market Maker In (WBSN)
Cantor Fitzgerald & Co. Is A Market Maker In (WEN)
Cantor Fitzgerald & Co. Is A Market Maker In (WFC)
Cantor Fitzgerald & Co. Is A Market Maker In (XLF)
Cantor Fitzgerald & Co. Is A Market Maker In (YHOO)

For Jim Iuorio
Iuorio Owns (SLV), Is Long (SLV) Puts

For Daniel Ives
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (SYMC)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (CHKP)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (CTXS)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (RVBD)

For Whitney Tilson
Funds Managed By Whitney Tilson Own (JCP) Call Options

For Whitney Tilson Sot/April 13, 2011
Funds Managed By Whitney Tilson Owned (JCP) On 4/13/11