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Following are the day’s biggest winners and losers. Find out why shares of Microsoft and Yamana Gold popped while Pepsico and Barnes & Noble dropped.
POPS (stocks that jumped higher)Microsoft (MSFT) popped 2%. Widely followed tech writer Walter Mossberg of the WSJ gave the Windows 7 a positive review calling it the best version of Windows yet. - The stock has to break above $26.25 to move higher, explains Guy Adami.
Yamana Gold (AUY) popped 7%. The Canada based gold producer closed higher after receiving several upgrades and increased price targets. - I also think it goes higher, muses Steve Grasso.
Oil Services ETF (OIH) popped 3%. This ETF that tracks the oil exploration names including Schlumberger and Transocean moved higher in tandem with the spot price of crude. - I think there's more room to run, says Karen Finerman.
Sequenom (SQNM) popped 2%. Market speculation suggested the company is interested in putting itself up for sale. - I noticed unusual call buying, reveals Pete Najarian.
Anheuser-Busch Inbev (BUD) popped 3%. The brewer is nearing its target of $7 billion in divestments, after its deal with Blackstone to sell its theme parks. - I don't know what to do with this stock, admits Guy Adami.
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