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Friday's Tech Winners & Losers

Priya Ganapati

Tech stocks were down slightly as the broader market indices slid on weak housing sales data.

Business software maker Netsuite(N Quote) reversed some of its losses from the past two days with a gain of 8.7%. The stock made its market debut on Dec. 20 with 6.2 million shares priced at $26, and Netsuite has raised $185.4 million from its IPO. Shares were up $3.21 to $40.20.

Logitech(LOGI Quote) added 3.5% a day after the company said it will sell its digital writing business to U.K.-based Destiny Wireless for an undisclosed amount.

Logitech will manufacture the digital pen for Destiny until the company takes over manufacturing on its own. The digital pen and paper products are not central to Logitech's strategic direction, the company said. Logitech was up $1.26 to $37.07.

Personal navigation devices maker Garmin(GRMN Quote) pulled back 1.6%, or $1.65, to $99.17 despite reports of strong sales of the company's GPS devices. Online retailer Amazon.com(AMZN Quote) said earlier this week that Garmin's GPS systems were among the best-selling consumer electronics products on the site along with Nintendo's Wii gaming consoles.

Shares of Yahoo!(YHOO Quote) fell 1.1%, a day after Nielsen Online released a report that said that Google(GOOG Quote) increased its lead in online search queries in the U.S. market to 57.8%, compared with 17.9% for Yahoo!. Yahoo! was off 26 cents to $23.45, while Google was up $1.79, or 0.3%, to $702.53.

Video-games publisher Activision(ATVI Quote) trended lower 21 cents, or 0.7%, to $29.27. Shares of the maker of the blockbuster Call of Duty and Guitar Hero franchises have risen nearly 70% this year.