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Following are the day’s biggest winners and losers. Find out why shares of Agilent and Palm popped while Geron and GameStop dropped.
POPS (stocks that jumped higher)Agilent Technologies (A) popped 8%. The company’s profit beat Wall Street's forecast as revenue fell less than expected, and the company gave a strong forecast for the current quarter. - They can't keep up with demand, adds Pete Najarian, that's a pop!
Palm (PALM) popped 5%. RBC hiked its price target for this stock to $25 from $18 saying Pre has the "special sauce" necessary to help lead the smart phone market. - I also like the Pre, says Steve Grasso.
MGM (MGM) popped 6%. A rising tide floats all boats, with optimism in the broad market lifting this casino stock higher.
Corning (GLW) popped 4%. Oppenheimer raised it’s outlook on the firm to 'Outperform' from 'Perform'.
Saks (SKS) popped 7%. The company’s quarterly loss was not as deep as expected.
DROPS (stocks that slid lower)
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