CNBC's Stock Pops & Drops From September 16

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Karen Finerman
spoke on CNBC's Stock Pops & Drops
about a 44.37 percent decline in
VirnetX Holding CorporationVHC
. The stock traded lower after an appeals court through out the patent award that it won against
Apple Inc.AAPL
. Finerman thinks that it would be best to stay away from this stock. Brian Kelly said that the whole coal space has been struggling and now China decided to ban dirty coal that comes out of Australia.
Arch Coal IncACI
dropped 3.15 percent on the news and Kelly advised the viewers to stay away from the coal space.
United States Steel CorporationX
gained 4.41 percent and closed the trading session at $41.41. Guy Adami said that the company has tremendous operating leverage. He thinks that the stock could move to $45.
Dicks Sporting Goods IncDKS
fell 0.78 percent on the news of retirement of two executives. Dan Nathan said that he doesn't understand the aversion to
Dicks Sporting Goods Inc
, because the stock is down 20 percent on the year, it trades at the market multiple and the expected growth for the next year is higher than ten percent.
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Posted In: CNBCMediaBrian KellyDan NathanGuy AdamiKaren Finerman
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