This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Tech Winners & Losers: Sourcefire

Updated from 2:53 p.m. EDT with new stock prices

Tech stocks plunged Monday , along with major market indices, on weak economic data and executive shake-ups at two major banks.

Open-source based IT security company Sourcefire (FIRE) was up 19 cents, or 2.5%, to $7.83. Sourcefire rejected a $7.50 a share, or $188 million, hostile buyout bid by private IT security company Barracuda Networks on Friday, saying it undervalues the company.

Palm (PALM) was up 39 cents, or 6.4%, to $6.45. The gains were based on an IDC smartphone market share report Friday that said Palm took 13.4% of smartphone sales in the first quarter of 2008, up from 7.9% in the fourth quarter, based on strong sales of its Centro smartphone. A report in the blog Engadget also suggested that Palm's upcoming Treo 800W may be making its debut on Verizon's (VZ) wireless network soon.

Shares of TiVo (TIVO) were down 76 cents, or 9%, to $7.65 as the company continued to battle with Dish Network (DISH) and EchoStar (SATS) over patents. Dish and Echostar filed a lawsuit against TiVo Friday asking a Delaware court to find that their new DVR software does not infringe Tivo's patent. The lawsuit is in response to Tivo's public statements that our new DVR software infringes its patents, said Dish Network in a statement Friday.

Apple (AAPL) shed $2.62, or 1.4%, to $186.13, although an analyst from Thomas Weisel raised his price target for the stock to $225 from $195 based on increased confidence that Apple is on track to exceed Street expectations for fiscal 2008 and 2009.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs