Fast Money Pops & Drops, February 16th (DVN, OC, LEA, ANF, OMX)

On CNBC's Fast Money Pops & Drops, Joe Terranova said that Devon Energy Corporation DVN posted spectacular earnings, but the price action wasn't favorable. He added that investors with a long position should sell a half of their position. Devon Energy Corporation (DVN) fell 2.13%, and closed at $86.22. Owens Corning OC spiked 7.59% today, after it reported earnings. Zach Karabell said that Owens Corning (OC) posted a 4Q loss, and added that maybe there is some hope that housing will recover and that spending budget for infrastructure will help OC. He is skeptical about this stock. Lear Corporation LEA jumped 3.17%, and closed at $111.13 today. Karen Finerman said that she really likes this stock. Abercrombie & Fitch Co. ANF jumped 7.58% today, after posting better than expected earnings results. OfficeMax Incorporated OMX also reported earnings today, but it dropped 10.02% in the regular trading session, and it lost 2.08% in the after hours.