CNBC's Stock Pops & Drops From May 26

On CNBC's Stock Pops & Drops, Karen Finerman explained that AstraZeneca plc (ADR) AZN dropped 2.55 percent on the news that Amgen, Inc.AMGN is going to leave their partnership for brodalumab drug. Guy Adami said that he would take a long position in First Solar, Inc. FSLR after the stock fell 7.28 percent and closed at $51.06. He would place a stop loss at $50. Tim Seymour thinks that Tata Motors Limited (ADR) TTM doesn't have attractive enough valuation for him to own the stock. It declined 8.09 percent on Tuesday. Pete Najarian believes that Sears Holdings Corp SHLD has become a REIT and it has more upside potential. The stock gained 6.55 percent.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CNBCMediaGuy AdamiKaren FinermanPete NajarianTim Seymour
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!