'Fast Money' Pops and Drops: Dish Network
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 on Tuesday.
Pops
First among the pops was
Cablevision
(CVC)
, which moved up 8% to $28.20. Karen Finerman said that it would be "exploring its options," but that you "can't get into bed with these guys."
Also up was
Pitney Bowes
(PBI) - Get Pitney Bowes Inc. Report
, which moved 10% to $35.04 on the day. Guy Adame cautioned that its "guidance wasn't great," saying that he "wouldn't rush in."
Rounding out the pops was
Dish Network
TheStreet Recommends
(DISH) - Get DISH Network Corporation Class A Report
, which rose 7% to $29.98. Jeff Macke attributed part of this to the company's talks about possibly merging with
DirecTV
(DTV)
. He was less than optimistic, however, wondering "why on Earth they could merge."
Drops
On the drops,
Fortress Investment
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fell 13% to $10.24. Tim Seymour said simply, "they're not raising money."
Also falling was
Otter Tail
(OTTR) - Get Otter Tail Corporation Report
, which dropped 19% to $36.16. Adame said he had honestly "never heard of them" but that he noticed their "second quarter was a disaster."
This article was written by a staff member of TheStreet.com.
