'Fast Money' Pops and Drops: Wait on Cooper
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
Cooper Tire & Rubber
(CTB) - Get Report
dropped 7%. Guy Adami said the company issued a forecast that was lower than expectations. He said investors can buy the name, but not yet.
Cephalon
( CEPH) went up 3%. Pete Najarian said the FDA voted against it yesterday, but analysts think that decision is going to get overturned.
Owens Corning
(OC) - Get Report
rallied 7%. Karen Finerman said the company bought a fiberglass company that's doing well.
Pitney Bowes
(PBI) - Get Report
jumped 4%. Jeff Macke said the company managed to beat estimates.
Eagle Bulk Shipping
(EGLE) - Get Report
ticked up 12%. Adami said risk-takers can get short here with a tight stop.