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.

Before "Pops and Drops" started, Dylan Ratigan announced that Anheuser-Busch ( BUD) had rejected Inbev's bid.

Pops

Bed Bath & Beyond ( BBBY) was up 4% to $29.79. Guy Adami says the rise was due to the company reporting better-than-expected earnings. He said there is a big short interest in the stock and that "hopefully you were long it."

Davita ( DVA) was up about 2% to $53.77. Karen Finerman said the stock looks recession-proof.

Novo Nordisk ( NVO) was up 3% to $67.85. The company operates in the diabetes care segment. Najarian supports the stock, saying "People are getting fatter; obesity off the charts."

Photon Dynamics ( PHTN) rose sharply by 31% to $15.15. Najarian said the rise had to do with

Orbotech ( ORBK) buying it out.

United States Natural Gas ( UNG) was up 3% to $62.19. Terranova said he loves talking about expirations, and today was an expiration day. He also said to expect a pullback.

Drops

Monsanto ( MON) was down about 3% to $127.25.

ConArga Foods ( CAG) fell 5% to $20.92. Joe Terranova said higher packing and commodity costs are of concern.

MGM Mirage ( MGM) was down 6% to $36.60. Finerman said the stock was down since it was downgraded to neutral from JPMorgan. She also stated it's a tough business environment for the casino companies.

Brunswick ( BC) was down 4% to $11.56. Terranova said the company is operating in a bad marine environment, which is why it has to cut jobs and close facilities.

Oshkosh ( OSK) fell sharply by 33% to $22.29. Adami said the sharp drop was attributed to the company projecting a loss for its third quarter. He said he doesn't see a large short interest in the stock, therefore he believes there is more downside left.

Lear Corp ( LEA) was down 16% to $15.15. Adami said the stock fell from being downgraded by Goldman Sachs. He said he finds the stock interesting on a valuation basis.

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

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