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

Expedia ( EXPE - Get Report) popped 5%. Pete Najarian said options were going nuts on the upside in this stock.

Shaw Group was up 6%.

Countrywide Financial jumped 9%. Karen Finerman said the merger with Bank of American ( BAC - Get Report) appears more likely.

Akamai ( AKAM) climbed 5%. Najarian said there's a lot of speculation in the stock.

Darling ( DAR - Get Report) inched up 5%. Sell this stock, said Jeff Macke.

Daktronics ( DAKT - Get Report) surged 12%. Guy Adami said the company makes scoreboards. He said it looks like a short squeeze, and long-siders should sell.

Smurfit-Stone rocketed 10%. Finerman said the competition is raising prices.

Drops

Anheuser-Busch ( BUD) dropped 3%. Finerman said enthusiasm may be waning for the potential merger with InBev.

Borders lost 7%. Macke said the traders said to sell the stock last week.