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 Friday.
Pops
Union Pacific (UNP Quote) was up about 5% to $75.82. Pete said there was some great news from Morgan Stanley on how the stock could double in a few months, he agrees. General Mills (GIS Quote) was up 3% to $62.64. Macke says management has done a great job controlling expenses, simply a "great performer." Panera Bread (PNRA Quote) was up about 6% to $48.11. Terranova, says "I don't like the stock" and that it should be sold here. La-Z-Boy (LZB Quote) was up 9% to $7.45. Pete says more and more people are simply staying home relaxing. Peter also stated that management seems positive about 2009, and so does he.Drops
General Motors (GM Quote) was down 6% to $14.89. Guy says in May Barron's wrote up an article that the stock could go to $30. He doesn't see that happening. Lindsay (LNN Quote) was down 20% to $103.70. Terranova mentioned the huge volume that occurred today. Average volume is about 500,000 shares -- more than 7 million shares were traded today. Tyson (TSN Quote) was down 8% to $13.68. Macke mentioned the move had to do with Fitch's downgrade. MF Global (MF Quote) was down 41% to $7.83. Guy said management gave a bad outlook last night that caused the moved. RHI Entertainment (RHIE Quote) was down 4% to $13.50. Guy says it has been down since its IPO. He does not seem to favor the company too much.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,279.32 | 1,097.06 | 2,160.83 | 34.74 |
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