Fast Money Pops & Drops

'Fast Money' Pops and Drops: La-Z-Boy Rise

 

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) 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) was up 3% to $62.64. Macke says management has done a great job controlling expenses, simply a "great performer."

Panera Bread (PNRA) 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) 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) 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) 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) was down 8% to $13.68. Macke mentioned the move had to do with Fitch's downgrade.

MF Global (MF) was down 41% to $7.83. Guy said management gave a bad outlook last night that caused the moved.

RHI Entertainment (RHIE) 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.

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This article was written by a staff member of TheStreet.com.

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