Fast Money Pops & Drops (HBAN, V, LVS, CHK, AEO, AKAM)
On CNBC's Fast Money Pops & Drops, traders shared their thoughts with the audience on the stocks that had a significant price movement today.
Akamai Technologies, Inc. (NASDAQ: AKAM) dropped 3.34%, and closed at $49.17 on Monday, on the news that it lost an appeal in its suit against LimeLight Networks for patent infringement. Pete Najarian said that he sees a buying opportunity at this level. He believes that Akamai (AKAM) is going to $52-$53.
Huntington Bancshares Incorporated (NASDAQ: HBAN) was upgraded today by Bank of America, and the stock popped 4.74%. Tim Seymour said that there is a lot of insider buying in this name. He is bullish on the stock.
Visa Inc. (NYSE: V) gained 1.63% today, but Carter Worth advised viewers to stay away from this stock.
Joe Terranova likes Las Vegas Sands Corp. (NYSE: LVS) and Wynn Resorts, Limited (NASDAQ: WYNN). Las Vegas Sands (LVS) got approval to move forward with a project in Macau, and its share price jumped 4.63% today. It closed at $47.48, and had a volume of 31.53M shares.
Chesapeake Energy Corporation (NYSE: CHK) spiked 8.84%, on the news that Carl Icahn increased his stake in this company. Mike Khouw said that he would rather own Chesapeake Energy Corporation (CHK) than natural gas.
Guy Adami doesn't want to short American Eagle Outfitters (NYSE: AEO), but he believes that there are better stocks to trade right now. American Eagle Outfitters (AEO) fell 3.02% today, as Susquehanna downgraded it from "positive" to "neutral".
