Fast Money Pops & Drops, January 20th (WEN, YUM, MCD, ALTR, C, DDS, MNKD, CAVM, TER)

On CNBC's Fast Money Pops & Drops, Karen Finerman said that Wendy's Arby's Group Inc. WEN jumped 6.94% today on the news that it is going to sell Arby's. She thinks that this could be a good decision, but she wouldn't stay in the stock, because she prefers Yum! Brands, Inc. YUM and McDonald's Corporation MCD. McDonald's Corporation (MCD) fell 0.25% today, and closed at $75.16, and Yum! Brands, Inc. (YUM) dropped 1.32%. Simon Baker explained that Altera Corporation ALTR dropped 2.84% today, after Citigroup C downgraded it from buy to hold. Brian Kelly said that he would sell Dillard's, Inc. DDS, after it spiked 11.77%. Dillard's, Inc. (DDS) traded higher after the announcement that it will form a real estate investment trust to increase its cash liquidity. MannKind Corporation MNKD dropped 32.27%, and Guy Adami said that at $6, no one knows how to trade this stock. Cavium Networks, Inc. CAVM was downgraded today by Piper Jaffray, and it fell 8.35%. Joe Terranova said that he likes Teradyne, Inc. TER better. Teradyne, Inc. (TER) dropped 2.19% today, and closed at $13.86.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CNBCLong IdeasShort IdeasFast MoneyMediaTrading IdeasBiotechnologyBrian KellyConsumer DiscretionaryDepartment StoresFinancialsGuy AdamiHealth CareInformation TechnologyJoe TerranovaKaren FinermanOther Diversified Financial ServicesRestaurantsSemiconductor EquipmentSemiconductorsSimon Baker
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!