'Fast Money' Pops & Drops: Las Vegas Sands Rises on Big Offering

Pops

Las Vegas Sands (LVS Quote) popped 6% after the casino operator completed a $2.1 billion offering of common stock, preferred stock and warrants. Adami said the only problem is that nobody is going to Casinos.

Colgate-Palmolive (CL Quote) traded up 1%. Adami mentioned the stock rose off a positive mention in Barron's over the weekend.

Eaton (ETN Quote) rose 2%. Adami says "good company, cheap valuation but probably not the right time to buy it."

Drops

Abercrombie & Fitch (ANF Quote) fell 13%. Finerman told viewers to "stay away."

Alcoa (AA Quote) dropped 10% on deeper recession concerns. Seymour said it's a great opportunity to buy this stock.

Baidu.com (BIDU Quote) plunged 25% after reports surfaced that said the Chinese search engine might have let unlicensed health clinics buy medical ad keywords on its search engine.

Najarian said, "This is the Google(GOOG Quote) of China, and this might be a very interesting opportunity."

Dell (DELL Quote) lost 3% after Merrill Lynch downgraded the stock to neutral. Finerman joked "it's not that bad for a Nasdaq stock."

Bank of America (BAC Quote) traded down 8% after the banking giant said it raised its stake in China Construction Bank. Seymour said it's a very good strategic purchase for BAC.

United Therapeutics (UTHR Quote) plunged 35% after the company's oral PAH drug failed in trials.