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'Fast Money' Pops and Drops: A Parachute Play on Airlines

The trading panel says you can get in on airline stocks for a pop, and then bail out.

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

Foot Locker

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popped 5%. Jeff Macke said the CEO expects improving profitability. Macke expressed skepticism.

Coca-Cola

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jumped 3%. Tim Seymour said it was a big week for beverage stocks.

Drops

Airlines dropped 20%. Jon Najarian said investors can buy the stocks for a quick pop, then get out.

Home Depot

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lost 8%. Guy Adami said he likes Home Depot on the dip.

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Moody's

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fell 24%. Macke said the company has to justify its existence. He added that he's not kidding when he says that.

China Mobile

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slipped 9%. Seymour said the company is being forced into the fixed-line business, which isn't good for it.

Chesapeake Energy

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plummeted 11%. Najarian said the company is diluting the stock.

JPMorgan

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slumped 9%. Adami said the stock had had a nice run and is retracing now. He said he thinks JPM is interesting.