CNBC's Stock Pops & Drops From April 13

On CNBC's Stock Pops & Drops, Dan Nathan commented on a 2.46 percent move lower in Cliffs Natural Resources Inc CLF. For investors who are interested in buying a distressed name like Cliffs Natural Resources, Nathan recommends a purchase of call options. Guy Adami said that Symantec Corporation SYMC fell 5.65 percent on the news that there is not much interest in Veritas. He likes the stock, but he likes Palo Alto Networks Inc PANW better. Pete Najarian explained that Fossil Group Inc FOSL fell 4.07 percent after KeyBanc lowered its earnings expectations for the company. Najarian believes that the stock is probably going lower because of the Apple Watch. Brian Kelly is not a buyer of Barnes & Noble, Inc. BKS despite the 6.46 percent move higher on Monday.
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Posted In: CNBCMediaTrading IdeasBrian KellyDan NathanGuy AdamiPete Najarian
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