Market Overview

CNBC's Stock Pops & Drops From August 20

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Steve Grasso said on CNBC's Stock Pops & Drops that JetBlue Airways (NASDAQ: JBLU) is up 49 percent year to date and it is quite possible that there are going to see some managerial changes. He added that he would hold this stock.

JetBlue jumped 3.24 percent and closed at $12.73 on Wednesday.

Cumulus Media (NASDAQ: CMLS) spiked 5.98 percent and Karen Finerman said that the stock rebounded from the recent lows as the sell off was overdone. She still holds a long position in Cumulus Media.

Brian Kelly thinks that investors should stay away from JA Solar (NASDAQ: JASO). The stock dropped 6.31 percent.

Dan Nathan doesn't want to try to catch the bottom in Herbalife (NYSE: HLF), which fell 1.71 percent. He explained that Carl Icahn will at one point decide to sell.

Posted-In: Brian Kelly CNBC Dan Nathan Karen FinermanLong Ideas Short Ideas Media Trading Ideas


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