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it might be acquired, Sun shares fell back to earth Monday, losing 23 .3% to $6.51, after it was reported that IBM had withdrawn its offer for the firm.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.
Cisco (CSCO), meanwhile, dropped 3.7% to $17.47.On the winning side: Infineon Technologies (IFX) rose 17.2% to $1.50. Advanced Micro Devices (AMD - Get Report) rose 2.9% to $3.53. Research In Motion (RIMM) rose 8.5% to $64.31. Apple (AAPL - Get Report) rose 2.1% to $118.43. Sprint (S) rose 5% to $4.40. Verizon (VZ) rose 0.7% to $33.03.