CNBC's Stock Pops & Drops From October 23

Speaking on CNBC's Stock Pops & Drops Jon Najarian explained the reasons behind a 18.60 percent decline in Yelp Inc YELP on Thursday. He said that the company didn't do well in its conference call and that people are getting into sidelines. He believes that they are not planning to come back any time soon. Tim Seymour commented on a 5.59 percent move higher by Yandex NV YNDX. The company managed to beat earnings on Thursday, but Seymour would not be a buyer at the moment because he is expecting to see some resistance at current price level. Karen Finerman said that Royal Caribbean Cruises Ltd RCL traded 1.78 percent lower after the company posted earnings and a guidance. She thinks that concerns related to Ebola virus also had something to do with the weakness in the name. Guy Adami believes that Lockheed Martin Corporation LMT wants to trade higher from its current level. The company missed on earnings and its stock price jumped 2.65 percent. This price action is encouraging for Adami.
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Posted In: CNBCMediaAerospace & DefenseGuy AdamiIndustrialsJon NajarianKaren FinermanTim Seymour
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