'Fast Money' Pops & Drops: AstraZeneca Plunges

The drug stock plunges after the company revised its forecast

Author:: TSC Staff
Publish date:: Nov 19, 2008 7:20 PM EST

Drops

AstraZeneca

plunged 12% after the drug maker revised its forecast. Najarian said AstraZeneca faces some big generic competition for one of its billion-dollar drugs.

Freeport McMoRan

(FCX) - Get Report

dropped 6% after JPMorgan cut its estimates. Adami says "it's just not working out on FCX right now."

Capital One

(COF) - Get Report

traded down 9%. Finerman said Capital One has big credit card exposure and a big auto loan book. She says "neither place is where an investor wants to be right now, short COF."

Royal Caribbean Cruises

(RCL) - Get Report

lost 17%. Macke joked "the combination of a bad economy and the revival of pirates was enough to send this thing lower."

Aloca

(AA) - Get Report

fell 14% after JPMorgan cut its 2009 estimates Adami said "not good."

Sunoco

(SUN) - Get Report

plunged 12% after Deutsche Securities downgraded the stock from hold to sell. Finerman mentioned she is unfortunately the owner of some of this stock.

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