'Fast Money' Pops and Drops: Nokia

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.

Pops

Barclay's (BCS Quote) was up about 5% at $25.81. Guy Adami says the move has to do with the company raising about $9 billion. While the news was positive, he says to avoid the company.

Pier 1 (PIR Quote) was up 6% to $4.27. Karen Finerman wanted to give a response Jeff Macke would give. So she comically said, "You know you are really in trouble when your stock goes up for not making a stupid acquisition."

Darden Restaurants (DRI Quote) was up 7% to $33.76. Joe Terranova said "it reported an earnings surprise yesterday." But he doesn't like the stock and recommends investors sell into any rally.

Ashland (ASH Quote) was up 9% to $52.67. Adami said the upward rise was the result of analysts upgrading the stock as a result of its current valuation.

Luxottica (LUX Quote) was up about 9% to $25.53. Finerman said the movement had to do with the company affirming its outlook.

Nokia (NOK Quote) was up about 6% to $26.10. Najarian may own shares of Research in Motion but he is positive on Nokia. He said "it's about time," regarding today's movement and said it should continue to do well.

Winn-Dixie (WINN Quote) was up 13% to $17.49. Terranova said the stock is heavily shorted. He says the stock can be bought back on weakness since he still sees upside potential.