'Fast Money' Pops and Drops: Losing True Religion
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
Sprint
(S) - Get Report
popped 20% this week. Pete Najarian said that the WiMax buildout will be a big boon but it might not save Sprint.
Alcoa
(AA) - Get Report
jumped 8%. Guy Adami said he's liked the company for a while. With a buyback and a new CEO, he still likes it.
H&R Block
(HRB) - Get Report
climbed 5%. Najarian said the company was getting some relief from credit problems.
Advanced Micro Devices
(AMD) - Get Report
was up 13%. Adami said oil's not a problem for this company, but he's still not a fan.
True Religion
(TRLG)
soared 16%. Jeff Macke said the stock is a sell here.
Drops
Clear Channel
(CCU) - Get Report
dropped 4%. Macke said it's a quagmire. Avoid it at all costs, he said.
Sotheby's
(BID) - Get Report
fell 13%. Karen Finerman said the company's expenses were "out of line."
The Knot
(KNOT)
slipped 15%. Macke said to short the stock.
Tesoro
(TSO)
tumbled 14%. Finerman said oil prices are high.