'Fast Money' Pops and Drops: Chips Ahoy

Sandisk and Micron get a bump on an overseas price hike.
By Mike Taylor ,

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 Wednesday.

Pops

Iomega

( IOM) popped 5%. Pete Najarian said everyone's been talking about this company, and something finally happened.

Sealy

(ZZ)

was up 7%. Jeff Macke said that this is an opportunity to sell.

Sandisk

(SNDK)

up 7%. Pete Najarian said that the company raised prices overseas. The news is good for

Micron

(MU) - Get Report

and for Sandisk today.

California Pizza Kitchen

( CPKI) jumped 6%. Tim Seymour said the stock is 46% off its highs. He said he doesn't think people are rushing in here.

Drops

The Pantry

(PTRY)

dropped 26%. Adami said the stock is down 67% from June. The company guided to a loss because of hedging losses, and that accounts for the drop, he said.

Cosan

(CZZ) - Get Report

fell 2%. Tim Seymour said the company is the largest ethanol producer in Brazil, but the government is taxing them heavily. It's an interesting story, but a challenging market, he said.

Amazon.com

(AMZN) - Get Report

was down 4%. Macke said Lehman Brothers lowered estimates on the online retailer.

Visa

(V) - Get Report

slipped down 3%. Adami said the stock still has downside.

Ternium

(TX) - Get Report

gave up 10%. Seymour said that he believes the stock is overdone to the downside, but we don't know the end of the story.

Men's Wearhouse

(MW)

plummeted 7%. It's a tough time to be a retailer, Macke said.

Greenbrier

(GBX) - Get Report

was off 6%. Adami said the company is a Carl Icahn favorite. He said he likes the stock, and he recommended buying it on a pullback.

AT&T

(T) - Get Report

tumbled 2%. Najarian said that when the market started to fall, investors took profits in AT&T.

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