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Fast Money Pops & Drops
'Fast Money' Pops and Drops: Nike Runs
05/14/08 - 06:57 PM EDT
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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 Wednesday.
Pops
Nike NKE popped 3%. Pete Najarian said analysts love the company's growth opportunities in China. BHP Billiton BHP jumped 3%. Guy Adami said the stock is getting rich here. He'd rather own Freeport-McMoRan FCX, he said. AstraZeneca AZN climbed 2%. Najarian said the FDA approved its bipolar disorder drug. Under Armour UA rose 5%. Jeff Macke said the company has too many products and will be in trouble for the next year or so. RF Micro Devices RFMD soared 4%. Adami said there's a big short interest in the name and he doesn't like it. Coach COH ticked up 5%. Finerman said the handbag maker participated in the retail rally.Drops
Whole Foods WFMI dropped 14%. Macke made a joke about the company. American Apparel APP lost 9%. Karen Finerman said the company is not getting it done. Stay away, she said.The stock soars on a big earnings beat.
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