CNBC's Stock Pops & Drops From June 18

On CNBC's Stock Pops & Drops, Guy Adami commented on a 1.09 percent move higher in General Motors Company GM. He said that the stock is going nowhere for the last couple of years and he believes that there are better stocks to buy in the auto space. Steve Grasso spoke about a 0.93 percent increase in price in FedEx Corporation FDX. He explained that the stock is making slightly higher lows and he suggested to the viewers who want to buy the stock to use a stop loss at $175. Brian Kelly said that Rite Aid Corporation RAD fell 3.59 percent on an earnings miss and a guidance cut. He added that the stock held above $8, which is a big support for it and he feels that there is no reason for panicking because the downside is limited. Tim Seymour would not buy Hyatt Hotels Corporation H after it gained 1.86 percent on Thursday.
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Posted In: CNBCMediaBrian KellyGuy AdamiSteve GrassoTim Seymour
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