'Fast Money' Pops and Drops: Dell
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 Monday.
Pops
Dell Computers
(DELL) - Get Dell Technologies Inc Class C Report
was up 4% to $25.39. Guy Adami said news of the company entering into the MP3 business again has helped drive this stock up. However, he advises investors to take profits.
Philip Morris
(PM) - Get Philip Morris International Inc. Report
rose by 3% to $53.72. Karen Finerman mentioned the company is "one of my favorite." The company rose after announcing it will buy Rothmans for $1.96 billion.
Southwest Airlines
(LUV) - Get Southwest Airlines Co. Report
was up 2% to $16.08. Seymour said the stock was "up 25% from its recent lows" and believes "it's overdone."
Elan Corp
(ELN)
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was up 11% to $11.02. Finerman said, "I don't know if it's really considered a pop since the stock was trading at $13 last week."
Drops
Exxon Mobil
(XOM) - Get Exxon Mobil Corporation Report
was down about 4% to $76.60. Tim Seymour said he feels "that the trade continues to go," saying it is could continue to trend downward.
Dish Network
(DISH) - Get DISH Network Corporation Class A Report
fell 4% to $27.91. Jeff Macke joked, "People seem to be smoking more than they are buying satellites." The company reported increased profits today but a net loss of 25,000 subscribers.
CSX Corp
(CSX) - Get CSX Corporation Report
was down 3% to $64.51. Adami contributes the stock going down due to shareholders issues. He feels the stock will continue to go down.
FreightCar America
(RAIL) - Get FreightCar America, Inc. Report
fell sharply by 23% to $27.94. Macke simply does not like the stock.
This article was written by a staff member of TheStreet.com.
