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 Tuesday.

Pops

NYSE Euronext

(NYX)

was up 7%.

Advanced Micro Devices

(AMD) - Get Report

popped 9%. Guy Adami said the company has a big short interest but he wouldn't own it.

Molson-Coors

(TAP) - Get Report

jumped 7%. Jeff Macke said the Coors family is running the company well.

ArvinMeritors

( ARM) climbed 5%. Adami said the company is spinning off its light-vehicle division and reported a good quarter a couple days ago. He said the story still works.

Anadarko

(APC) - Get Report

soared 9%. Najarian said profits were a little lower, but he says the natural gas play still works.

Precision Castparts

(PCP)

ticked up 7%. Adami said this is a great downstream play for aerospace.

Estee Lauder

(EL) - Get Report

gained 7%. Karen Finerman said Asia and emerging-market growth were very strong for the company.

Sprint

(S) - Get Report

added 5%. Stay away, said Jeff Macke.

Drops

Sara Lee

( SLE) dropped 6%. Finerman said food costs hurt earnings.

Qwest

(Q)

lost 6%. Najarian said the stock will continue to fall.

Collective Brands

(PSS)

slipped 15%. Finerman said the company should have settled a lawsuit with Adidas.

Legg Mason

(LM) - Get Report

fell 10%. Macke said the company is raising $20 billion in a special offering. Move along, he said.