'Fast Money' Pops & Drops: Nvida, No
Pops
Nvida
(NVDA) - Get Report
popped 5% after the chipmaker announced it will offer new chips for desktop computers. Najarian said don't chase this stock.
Sirius XM Radio
(SIRI) - Get Report
soared 30%. Macke says "sell the rally on SIRI -- the equity probably isn't worth anything."
Textron
(TXT) - Get Report
jumped 11% after two directors disclosed that they bought shares in the world's biggest business-jet maker. Adami says "they reported a lousy quarter, and the stock is no longer one of my favorites."
Drops
U.S. Steel
(X) - Get Report
dropped 11%. Adami mentioned that UBS cut the stock from buy to sell. He says "X is a value stock, but it doesn't matter in this environment."
AMR
(AMR)
fell 2%. Finerman said to stay away from the airlines.
Savient Pharmaceuticals
(SVNT)
plunged 73% over safety concerns with the company's gout drug. Najarian joked, "stay away from the cream."
Humana
(HUM) - Get Report
lost 15% after the provider of health insurance reported a 39% drop in quarterly profits. Finerman said she was surprised the stock dropped so much.
This article was written by a staff member of TheStreet.com.