CNBC's Stock Pops & Drops From October 3 - Wayfair Inc, Garmin Ltd. And Global Payments Inc

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Speaking on
CNBC's Fast Money
, Dan Nathan said that
Garmin Ltd.GRMN
hasn't had a good run in the last few months, losing almost 20 percent since July. The stock fell 2.17 percent on Thursday and it broke a key technical support level at $50. That was a gap level from past February. He would not buy this stock.
Honda Motor Co Ltd (ADR)HMC
dropped 5.3 percent and closed at $32, after UBS downgraded the automaker. Tim Seymour said that the company had a pull back in production and that viewers don't need to run and buy this stock on Friday.
Wayfair IncW
skyrocketed 30.07 percent after debuting on the New York Stock exchange. Karen Finerman said that it looks too expensive for her and added that the management is spending a lot to grow the business. Steve Grasso said that
Global Payments IncGPN
is up around 85 percent since it had a security breach in 2012. On Thursday, it gained 5.03 percent and closed at $72.25. Grasso believes that it is facing a big resistance at $75. He wouldn't buy it just yet.
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Posted In: CNBCMediaTrading IdeasDan NathanKaren FinermanSteve GrassoTim Seymour
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