'Fast Money' Pops & Drops: Nvida, No
Pops
Nvida(NVDA Quote) popped 5% after the chipmaker announced it will offer new chips for desktop computers. Najarian said don't chase this stock. Sirius XM Radio(SIRI Quote) soared 30%. Macke says "sell the rally on SIRI -- the equity probably isn't worth anything." Textron(TXT Quote) jumped 11% after two directors disclosed that they bought shares in the world's biggest business-jet maker. Adami says "they reported a lousy quarter, and the stock is no longer one of my favorites." Drops U.S. Steel(X Quote) dropped 11%. Adami mentioned that UBS cut the stock from buy to sell. He says "X is a value stock, but it doesn't matter in this environment." AMR(AMR Quote) fell 2%. Finerman said to stay away from the airlines. Savient Pharmaceuticals(SVNT Quote) plunged 73% over safety concerns with the company's gout drug. Najarian joked, "stay away from the cream." Humana(HUM Quote) lost 15% after the provider of health insurance reported a 39% drop in quarterly profits. Finerman said she was surprised the stock dropped so much.- Loading Comments...
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