'Fast Money' Pops & Drops: Las Vegas Sands Rises on Big Offering
Pops
Las Vegas Sands
(LVS) - Get Las Vegas Sands Corp. Report
popped 6% after the casino operator completed a $2.1 billion offering of common stock, preferred stock and warrants. Adami said the only problem is that nobody is going to Casinos.
Colgate-Palmolive
(CL) - Get Colgate-Palmolive Company Report
traded up 1%. Adami mentioned the stock rose off a positive mention in
Barron's
over the weekend.
Eaton
(ETN) - Get Eaton Corporation PLC Report
rose 2%. Adami says "good company, cheap valuation but probably not the right time to buy it."
Drops
Abercrombie & Fitch
(ANF) - Get Abercrombie & Fitch Company Report
fell 13%. Finerman told viewers to "stay away."
TheStreet Recommends
Alcoa
(AA) - Get Alcoa Corporation Report
dropped 10% on deeper recession concerns. Seymour said it's a great opportunity to buy this stock.
Baidu.com
(BIDU) - Get Baidu Inc. 百度 Report
plunged 25% after reports surfaced that said the Chinese search engine might have let unlicensed health clinics buy medical ad keywords on its search engine.
Najarian said, "This is the
(GOOG) - Get Alphabet Inc. Report
of China, and this might be a very interesting opportunity."
Dell
(DELL) - Get Dell Technologies Inc. Class C Report
lost 3% after Merrill Lynch downgraded the stock to neutral. Finerman joked "it's not that bad for a Nasdaq stock."
Bank of America
(BAC) - Get Bank of America Corporation Report
traded down 8% after the banking giant said it raised its stake in
China Construction Bank
. Seymour said it's a very good strategic purchase for BAC.
United Therapeutics
(UTHR) - Get United Therapeutics Corporation Report
plunged 35% after the company's oral PAH drug failed in trials.
This article was written by a staff member of TheStreet.com.
