'Fast Money' Pops and Drops: Splitting the Cable - TheStreet

'Fast Money' Pops and Drops: Splitting the Cable

Time Warner Cable pops on anticipation of its split from its parent company.
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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 Wednesday.

Pops

Time Warner Cable

(TWC)

popped 4%. Guy Adami said the company's split with

Time Warner

(TWX)

is highly anticipated.

Borders

(BGP)

jumped 9%. Jeff Macke said to sell the pop.

Medtronic

(MDT) - Get Report

gained 3%. Pete Najarian said the company issued strong earnings yesterday and was upgraded by Goldman Sachs today.

Drops

AIG

(AIG) - Get Report

dropped 3%. Karen Finerman said that this wasn't so bad for AIG.

Boeing

(BA) - Get Report

slipped 5%. Adami said the airlines are hurting so badly that even if Boeing comes out with planes, there may be no one to buy them. He said this is a dip to buy, but at investors' own peril.

Moody's

(MCO) - Get Report

lost 16%. Finerman said that blaming a computer glitch for mistaken triple-A ratings on securities is a problem for the company.