Market Overview

CNBC's Stock Pops & Drops From August 29

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Steve Grasso said on CNBC's Stock Pops & Drops that he wanted to buy Orbitz Worldwide (NYSE: OWW) on a recent pull back but he failed to do that. On Friday, the stock bounced 3.4 percent and he thinks that it will go even higher.

Josh Brown explained that Big Lots (NYSE: BIG) dropped 1.8 percent Friday on lower guidance. He thinks that the viewers should wait and buy it closer to $40. The stock currently trades at $46.35.

Rocket Fuel (NASDAQ: FUEL) dropped 3.69 percent and Brian Kelly said that it jumped on the news of the acquisition of Criteo. He thinks that buying the stock now would be like buying a lottery ticket.

Splunk (NASDAQ: SPLK) spiked 19.07 percent and Guy Adami said that he would take the money and run because the increase in price happened on more than 20 times average volume.

Posted-In: Brian Kelly Guy Adami Josh Brown Steve GrassoCNBC Media

 

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