'Fast Money' Pops and Drops: Chesapeake Pays

The energy provider's stock continues to climb.
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Dylan Ratigan started the "Pops & Drops" segment by reporting that Intel (INTC) - Get Report was down in after-hours trading following the company's lowering of fourth-quarter revenue guidance to a range of $10.1 billion to $10.9 billion, vs. Wall Street's estimates of $10.8 billion.

Pops

Chesapeake Energy

(CHK) - Get Report

jumped 6%. Seymour pointed out that the stock has moved up 100% off the lows in two days.

XL Capital

(XL) - Get Report

soared 55% after the Bermuda-based insurer said it expects third-quarter earnings to be above Wall Street estimates. Adami said, "Don't chase XL here, but the valuation is interesting."

Goldman Sachs Group

(GS) - Get Report

popped 10% after Citigroup upgraded the bank from hold to buy. Macke said "Goldman has been ripping higher ever since they signed the deal with Warren Buffett."

Drops

PepsiCo

(PEP) - Get Report

traded down 11% after the company announced a 10% fall in third-quarter profits and plans to cut 3,300 jobs. Najarian says the stronger dollar is hurting the stock.

Domino's Pizza

(DPZ) - Get Report

plunged 25% after the pizza maker lowered its third-quarter outlook. Finerman said, "Domino's is being hit by the credit crunch."

General Electric

(GE) - Get Report

fell 1% after an analyst at Barclays lowered estimates for the conglomerate. Najarian said, "GE and

Microsoft

(MSFT) - Get Report

continue to be value traps."

JA Solar

(JASO)

dove 15% after an analyst at Canaccord Adams downgraded the stock from buy to hold. Seymour said the solar companies are waiting for tax cuts.

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