'Fast Money' Pops and Drops: Splitting the Cable
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
Time Warner Cable
(TWC)
popped 4%. Guy Adami said the company's split with
Time Warner
(TWX)
is highly anticipated.
Borders
(BGP)
jumped 9%. Jeff Macke said to sell the pop.
Medtronic
(MDT) - Get Report
gained 3%. Pete Najarian said the company issued strong earnings yesterday and was upgraded by Goldman Sachs today.
Drops
AIG
(AIG) - Get Report
dropped 3%. Karen Finerman said that this wasn't so bad for AIG.
Boeing
(BA) - Get Report
slipped 5%. Adami said the airlines are hurting so badly that even if Boeing comes out with planes, there may be no one to buy them. He said this is a dip to buy, but at investors' own peril.
Moody's
(MCO) - Get Report
lost 16%. Finerman said that blaming a computer glitch for mistaken triple-A ratings on securities is a problem for the company.