'Fast Money' Pops and Drops: A Parachute Play on Airlines
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 Friday.
Pops
Foot Locker
(FL) - Get Report
popped 5%. Jeff Macke said the CEO expects improving profitability. Macke expressed skepticism.
Coca-Cola
(KO) - Get Report
jumped 3%. Tim Seymour said it was a big week for beverage stocks.
Drops
Airlines dropped 20%. Jon Najarian said investors can buy the stocks for a quick pop, then get out.
Home Depot
(HD) - Get Report
lost 8%. Guy Adami said he likes Home Depot on the dip.
Moody's
(MCO) - Get Report
fell 24%. Macke said the company has to justify its existence. He added that he's not kidding when he says that.
China Mobile
(CHL) - Get Report
slipped 9%. Seymour said the company is being forced into the fixed-line business, which isn't good for it.
Chesapeake Energy
(CHK) - Get Report
plummeted 11%. Najarian said the company is diluting the stock.
JPMorgan
(JPM) - Get Report
slumped 9%. Adami said the stock had had a nice run and is retracing now. He said he thinks JPM is interesting.