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 tonight.
Qlogic Corporation ( QLGC) was up 9% today and Najarian said that if you are lucky enough to own it, take some profits off the table. Schlumberger ( SLB - Get Report) was up 1% in today's trading and Najarian added that it had a great day. Wellpoint ( WLP) also popped 2% today and Finnerman added that this whole sector has been annihilated and she doesn't know why this one is up.
Chesapeake Energy ( CHK - Get Report) dropped 6% today as it said it was going to issue 25 million shares. Najarian said there was so much excitement built up, but that he still likes this one. Tesoro ( TSO) was down 12% in trading today as most of the refiners lost ground. Finnerman stated that it can't even make money when oil is up. Northwest Airlines ( NWA) dropped 16% today as it announced job cuts and charges for customers' first bags. Macke said they are charging twice as much for this stock as they should.