'Fast Money' Pops and Drops: GE Stalls Out

Pops

Alcoa ( AA) traded up 22%. Seymour said "Moody's downgraded them on $7.2 billion in debt," and he said would be out of the stock.

The Utilities SPDR ETF ( XLU) jumped 12%. Adami said he would still buy Mirant ( MIR) despite the stock's huge pop today.

Research In Motion ( RIMM) rose 15% after the company announced it will launch its flip phone in the U.S. with T-Mobile. Macke joked, "Are we bailing out Canada now?"

Boeing ( BA) added 12%. Finerman said she hopes BA gets a deal done soon with the machinists union.

Prudential Financial ( PRU) soared 38% after the company reported earnings that were better than expected. Seymour said "the reality is they won't have to raise new capital."

Chesapeake Energy ( CHK) surged 23%. Adami says the stock goes higher from here.

AT&T ( T) traded up 16% after the company said it will sell its U-verse high-speed Internet and video service at Wal-Mart ( WMT) and Circuit City ( CC).

E Trade Financial ( ETFC) added 18%. Finerman pointed out it was only a pop of 41 cents.

Mosaic ( MOS) moved up 21%. Seymour says the ag space still has strong pricing power.

Solar stocks added gains across the board. Adami mentioned that First Solar ( FSLR) had a nice bounce today.

Drops

Sovereign Bancorp ( SOV) fell 3%. Macke joked, "they're selling out to the Brazilians."

General Electric ( GE) dropped 2% after the conglomerate posted lower third-quarter earnings. Finerman said, "How lame is that?"

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

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