'Fast Money' Pops and Drops: AIG Jumps - TheStreet

Pops

AIG

(AIG) - Get Report

jumped 22%. Seymour explained that AIG is going to be selling off some of its assets in the near future.

Petroleo Brasileiro SA

(PBR) - Get Report

traded up 2%. Seymour said to get long PBR and short Brazil.

Drops

Online brokerage stocks

Ameritrade

(AMTD) - Get Report

,

E*Trade

(ETFC) - Get Report

and

Charles Schwab

(SCHW) - Get Report

all fell sharply. Najarian said this is just a pullback in the group from all-time highs.

American Express

(AXP) - Get Report

fell 7%. Finerman said everything on the banned short list is down.

Legg Mason

(LM) - Get Report

dropped 7% despite the shares being added to the banned short list. Adami says that Bill Miller is having a horrible year.

CarMax

(KMX) - Get Report

lost 7%. Najarian said the stock fell because KMX missed earnings and it's a tough economic environment.

Sovereign Bancorp

( SOV) plunged 23% after Friedman Billings Ramsey downgraded the stock to underperform from market perform. Finerman explained that Sovereign had more exposure to

Fannie Mae

( FNM) and

Freddie Mac

( FRE) than most people realized.

This article was written by a staff member of TheStreet.com.