'Fast Money' Pops and Drops: Landry's Leaps
TSC Staff
06/16/08 - 06:21 PM EDT
Here's what
CNBC's "Fast Money" traders had to say about some of the market's biggest movers on their "Pops and Drops" segment Monday.
Pops
Las Vegas Sands (LVS) popped 7%. Pete Najarian said that the company moved without major headlines. He attributed the move to a short-squeeze.
Barclay's (BCS) climbed 4%. Guy Adami said he prefers
USBancorp (USB).
Hess (HES) was up 2%. Joe Terranova said the stock climbed higher on oil prices.
Landry's Restaurants (LNY) added 18%. Jeff Macke said the company is being bought out by the CEO. He said the restaurant industry is a very hard space.
Drops
Coca-Cola (KO) dropped 2%. Terranova said European sales were down.
Verizon Wireless (VZ) lost 3%. Adami said $34 should be big support for the stock price.
Hershey (HSY) fell 6%. Macke said, "we told you so."
Republic Services (RSG) gave up 6%. Najarian said "the trash space could be tough."
