'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 Quote) popped 7%. Pete Najarian said that the company moved without major headlines. He attributed the move to a short-squeeze.
Barclay's (BCS Quote) climbed 4%. Guy Adami said he prefers
USBancorp (USB Quote).
Hess (HES Quote) was up 2%. Joe Terranova said the stock climbed higher on oil prices.
Landry's Restaurants (LNY Quote) 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 Quote) dropped 2%. Terranova said European sales were down.
Verizon Wireless (VZ Quote) lost 3%. Adami said $34 should be big support for the stock price.
Hershey (HSY Quote) fell 6%. Macke said, "we told you so."
Republic Services (RSG Quote) gave up 6%. Najarian said "the trash space could be tough."