'Fast Money' Pops and Drops: Sweet Hershey
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 Tuesday.
Pops
Hershey
(HSY) - Get Report
popped 9%. Pete Najarian said there may be a merger coming down the line.
Darden Restaurants
(DRI) - Get Report
moved up 5%. Jeff Macke said it's too early for him to get into casual dining.
Flowserve
(FLS) - Get Report
climbed 4%. Karen Finerman said she hedged her long position a bit today.
Children's Place
(PLCE) - Get Report
jumped 4%. The stock is going higher, said Macke.
Polaris Industries
(PII) - Get Report
screamed higher by 10%. Finerman said there's 50% short interest in the stock, so she believes today's rally was a squeeze.
Drops
The streetTracks Gold
(GLD) - Get Report
dropped 2%. Adami said he'd be scared to be long gold here.
China Mobile
(CHL) - Get Report
stumbled 6%. Najarian said Goldman Sachs put the stock on its conviction sell list, but he says it has probably bottomed.
Archer Daniels Midland
(ADM) - Get Report
lost 3%. Adami said the stock went down in sympathy with the ag sector. He said he'd avoid it for the time being.
DryShips
(DRYS) - Get Report
fell 3%. Najarian said investors should be careful, but he says it might be time to look into the stock from the long side.