CNBC's Stock Pops & Drops From April 8

On CNBC's Stock Pops & Drops, Guy Adami said that Lions Gate Entertainment Corp. (USA) LGF fell 6.62 percent after the announcement of secondary offering. Adami would get long if the stock closes above $32, otherwise he would stay away. Dan Nathan would not buy a 3.46 percent break out higher in Lululemon Athletica inc. LULU. He doesn't see growth and he is concerned by the competition. Steve Grasso explained that WebMD Health Corp. WBMD traded 2.07 percent higher after Goldman Sachs decided to take back a downgrade issued during the morning session. Pete Najarian believes that a 3.58 percent move higher in Yahoo! Inc. YHOO was based on Alibaba Group Holding Ltd BABA and strength in China.
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Posted In: CNBCMediaApparel, Accessories & Luxury GoodsConsumer DiscretionaryDan NathanGuy AdamiMovies & EntertainmentPete NajarianSteve Grasso
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