CNBC's Stock Pops & Drops From August 7

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On
CNBC's Stock Pops & Drops
, Brian Kelly said that he would stay away from Agrium Inc. (USA)
AGU
completely. The company announced that its mine is going to stay closed longer than expected and the stock fell 1.82%. Mr. Kelly thinks that this is a tough and volatile trade. Karen Finerman said that she is very disappointed with the earnings results of Cumulus Media Inc
CMLS
. The stock dropped 8.42% on Thursday and it closed at $4.24. Jack in the Box Inc.
JACK
spiked 10.46% to $61.25 and Dan Nathan said that the stock is now in a trading range. He said that he would use $55 as a stop on the downside and added that he wouldn't chase it because the stock could see some overhead resistance. Steve Grasso said that Mobileye NV
MBLY
is a great company which will be in every self driven car. He thinks that the stock is eventually going to be a buy but it recently had an IPO and the price action is still very volatile. He stepped in a little bit early and got hurt. Mobileye fell 5.40% on Thursday.
Posted In: CNBCLong IdeasShort IdeasMediaTrading IdeasBrian KellyCNBCDan NathanKaren FinermanSteve Grasso
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