Activision Blizzard, Inc., Herbalife Ltd. Highlight CNBC's Stock Pops & Drops From September 22

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Speaking on
CNBC's Stock Pops & Drops
, Guy Adami said that
Activision Blizzard, Inc.ATVI
traded 0.60 lower on Monday because the new game "Destiny" is not making enough sales to justify the stock's recent run higher. It was also reported that Noriega is suing the company. Adami believes that
Activision Blizzard, Inc.
is going to continue to trade lower to $20 and that would be a good entry point for a long position.
Herbalife Ltd.HLF
dropped 10.31 percent on the rumors that Carl Icahn is selling his stake. Karen Finerman doesn't believe that Icahn has done that because he is likely an insider in the company. She concluded that it is most likely a false rumor. Tim Seymour said that he closed a long position in
Tata Motors Limited (ADR)
TTM
. The stock jumped 1.82 percent on Monday and Seymour thinks that both
Tata Motors Limited
and India had a nice run, but it is overdone because emerging markets are facing pressure from the strong U.S. dollar.
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Finish Line IncFINL
fell 2.50 percent on a downgrade from Morgan Stanley. Pete Najarian explained that although the stock got downgraded the price target was left unchanged. He added that the downgrade was not negative because the stock was rated as Equal-weight which means that analysts are not negative on the stock. If he had to buy something in the space he would rather own
Foot Locker, Inc.FL
than
Finish Line Inc
.
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Posted In: CNBCMediaTrading IdeasCarl IcahnGuy AdamiKaren FinermanPete NajarianTim Seymour
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