Tuesday's Tech Winners & Losers

Shares of Priceline.com(PCLN Quote) were among technology's winners Tuesday, rising 11% after the online travel company's fourth-quarter results handily topped expectations.

Priceline reported adjusted earnings of $99.9 million, or 58 cents a share, on revenue of $260.1 million. Analysts polled by Thomson Financial expected earnings of 40 cents a share and revenue of $235.9 million. During the year-earlier period, the company recorded adjusted earnings of $11.4 million, or 28 cents a share, on revenue of $203.9 million.

Looking ahead, Priceline forecast adjusted first-quarter earnings of 22 cents to 30 cents a share. For the full year, the company sees adjusted earnings of $2.60 to $2.90 a share. Analysts project earnings of 29 cents a share for the first quarter and $2.53 a share for the full year. Shares of Priceline were up $4.92 to $50.85.

Shanda Interactive(SNDA Quote) jumped 9% after the online gaming concern posted better-than-expected fourth-quarter results. The company earned $30.8 million, or 42 cents per American depository share, on revenue of $60.3 million. Excluding items, the company earned $22.2 million, or 30 cents a share. Analysts anticipated earnings of 23 cents a share, before items, on revenue of $57.8 million. A year earlier, Shanda recorded a loss of $66.8 million, or 90 cents a share, on revenue of $44.7 million. Shares were trading up $1.95 to $24.25.