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 on Tuesday.

Pops

First among the pops was Research In Motion moving up 6% to $122.04. Pete Najarian said the coming 3G iPhone meant "everyone is very excited, and RIMM might be better than Apple ( AAPL - Get Report) right now."

Also up was eBay ( EBAY - Get Report), rising 6% today to $28.65. Joe Terranova noted that the company "signed a pact with Google ( GOOG - Get Report) to improve service," but also added that he "likes Google better off this partnership."

Wal-Mart ( WAL) was also up, rising 4% to $59.11 on the day. Jeff Macke praised the company, saying it was "still the best American retailer."

Rounding out the pops, Inter Parfums ( IPAR - Get Report) rose 16% to $16.48. Najarian noted that it had "a great upgrade today" as well as the fact that "it will be in Bebe ( BEBE) stores very soon."

Drops

Among the drops was Pepsi Bottling , which fell 3% to $27.88. Karen Finerman said the company "slightly lowered guidance" today.

Finally, Office Depot ( ODB) was down 32% to $7.12. Finerman said it "announced a decrease of sales and margin guidance" earlier today.

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