The Mobile Executive

Smartphone Stock Spotlight: Palm Scraped

Stock quotes in this article: PALM , RIMM , AAPL , NOK , MOT  

Updated from 4:53 p.m. EST

Smartphone makers took a beating along with the rest of the tech sector Wednesday.

Palm (PALM Quote), which had enjoyed a brief rally following its debut of the Pre at the Consumer Electronics Show in Las Vegas, got slapped by investors Wednesday, falling 15.1% to $5.29.

BlackBerry maker Research In Motion (RIMM Quote) suffered slightly less, falling 2.5% to $45.10.

iPhone maker Apple (AAPL Quote) closed down 2.7% to $85.33 before shares were halted pending CEO Steve Jobs' announcement that he will take medical leave until June.

Nokia (NOK Quote) was down 5.7% to $13.49, and beleaguered Motorola (MOT Quote) was slipping 4.9% to $4.11.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
This article was written by a staff member of TheStreet.com.




Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,023.42 1,069.30 2,112.44 35.03
Oil *
76.05
UP
17.46
UP
2.67
UP
7.12
DOWN
0.30
10 Yr
3.50%
SPDR Gold
107.43
+0.17%
+0.25%
+0.34%
-0.85%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services