Fast Money Pops & Drops

'Fast Money' Pops and Drops: Hot Soup

 

Pops

Dylan Ratigan noted that Lehman Brothers ( LEH) was upgraded to overweight by Morgan Stanley.

Nokia(NOK) was up about 2% to $24.50. Karen Finerman said she did not see any particular reason why the stock moved up today.

Petroleo Brasileiro( PBR) was up about 2% to $70.83.

H&R Block( HRB) was up about 3% to $21.40. Terranova said the move had to do with the company swinging a profit for its fourth quarter.

Campbell Soup( CPB) was up about 4% to $33.46. Besides saying "soup is good food," Adami said the movement had to do with the company increasing its outlook.

Robbins ( RBN) was up 21% to $49.87. Najarian attributed the rise to the company reporting strong earnings. He also said "energy chemical names were going up today."

Huntsman (HUN) was up about 7% to $11.40.

Petrohawk Energy (HK) was up about 8% to $46.31. Terranova said, "Don't chase it up here."

Barclay's (BCS) was up about 5% to $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) was up 6% to $4.27. Karen Finerman said she wanted to give a response Jeff Macke would give, so she comically said, "You know when you are really in trouble when your stock goes up for not making a stupid acquisition."

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

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