Tech Winners and Losers: Sun Micro, RIM

Amid an abortive deal between Sun Microsystems(JAVA Quote) and IBM(IBM Quote) and a broader market downturn, most tech stocks took a dive Monday.

After enjoying a run-up on rumors that it might be acquired, Sun shares fell back to earth Monday, losing 23 .3% to $6.51, after it was reported that IBM had withdrawn its offer for the firm. IBM shares, meanwhile, fell 0.7% to $101.47, as investors wondered what would come next.

Another of the day's biggest losers was Garmin(GRMN Quote), which fell 4.3% to $22.11 on seemingly no news whatsoever.

Cisco(CSCO Quote), meanwhile, dropped 3.7% to $17.47.

On the winning side:

Infineon Technologies(IFX Quote) rose 17.2% to $1.50.

Advanced Micro Devices(AMD Quote) rose 2.9% to $3.53. Research In Motion(RIMM Quote) rose 8.5% to $64.31.

Apple(AAPL Quote) rose 2.1% to $118.43.

Sprint(S Quote) rose 5% to $4.40.

Verizon(VZ Quote) rose 0.7% to $33.03.