'Fast Money' Pops & Drops: AstraZeneca Plunges

 

Drops

AstraZeneca(AZN Quote) plunged 12% after the drug maker revised its forecast. Najarian said AstraZeneca faces some big generic competition for one of its billion-dollar drugs.

Freeport McMoRan(FCX Quote) dropped 6% after JPMorgan cut its estimates. Adami says "it's just not working out on FCX right now."

Capital One(COF Quote) traded down 9%. Finerman said Capital One has big credit card exposure and a big auto loan book. She says "neither place is where an investor wants to be right now, short COF."

Royal Caribbean Cruises(RCL Quote) lost 17%. Macke joked "the combination of a bad economy and the revival of pirates was enough to send this thing lower."

Aloca(AA Quote) fell 14% after JPMorgan cut its 2009 estimates Adami said "not good."

Sunoco(SUN Quote) plunged 12% after Deutsche Securities downgraded the stock from hold to sell. Finerman mentioned she is unfortunately the owner of some of this stock.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
This article was written by a staff member of TheStreet.com.

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,318.16 1,091.38 2,146.04 33.56
Oil *
77.53
DOWN
14.28
DOWN
3.52
DOWN
10.78
UP
0.07
10 Yr
3.36%
SPDR Gold
112.94
-0.14%
-0.32%
-0.50%
+0.21%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services