'Fast Money' Pops and Drops: eBay Stalls - TheStreet

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 Wednesday.

Pops

Charles Schwab

(SCHW) - Get Report

surged 15% to $21.96. Karen Finerman said with the company doing well in its second-quarter profits and with "financials being up today, it wasn't surprising for Charles to be up."

United Parcel Service

(UPS) - Get Report

was up about 5% to $59.14. Guy Adami mentioned the movement had to do with the company fighting to keep fuel costs low.

Target

(TGT) - Get Report

was up about 5% to $46.18. Jeff Macke seeks to be in "best of breed" stocks, and he doesn't find Target to in the best of breed category in retail. So he said he would use this rally as a "selling opportunity."

CSX Corp

(CSX) - Get Report

was up 6% to $61.49. Pete Najarian said the company announced its pricing for the year, giving it "all the reasons for this to pop."

UBS

(UBS) - Get Report

rose 10% to $19.83. Finerman contributed the movement to the $3.5 billion buyback it announced today. She also said the "stock has a nice yield," which is making it attractive.

Amazon.com

(AMZN) - Get Report

rose 7% to $71.84. Macke said a pair trade could be done by buying Amazon.com and selling eBay. But he doesn't necessarily feel eBay is a buy saying "it's operating in a tough environment."

St. Jude Medical

(STJ)

rose 7% to $47.12. Najarian said

Johnson & Johnson

(JNJ) - Get Report

did well today. So he believes many stocks in the paramedical industry are looking good right now.

Drops

Dylan Ratigan mentioned some stocks making some moves after hours. The first stock he mentioned was

eBay

(EBAY) - Get Report

, which was down about 7% to $26.00 after the company lowered its third-quarter forecast, expecting to earn between 39 cents to 41 cents a share; Wall Street expected earnings of 41 cents. Another company moving down after hours is

Yum! Brands

(YUM) - Get Report

, off about 5% to $34.50.

Gannett

(GCI) - Get Report

was down about 5% to $16.57. Finerman said the stock took a hit from the drop in profits for its second quarter. She also said, "I can't believe the stock is this low," but did not see the stock as a possible buy, even at these levels.

Old Dominion Freight Line

(ODFL) - Get Report

surged 24% to $35.03. The stock went up as a result of beating its second-quarter estimates. Adami said there is a "pretty large short interest" and sees more upside as the short-sellers continue covering their shares.

Chicago Bridge & Iron

(CBI)

fell about 16% to $30.65. Adami said the stock dropped as a result of lowering its second-quarter guidance. Adami says this could be a buying opportunity.

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