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Updated from 12:23 p.m. EDT
Tech stocks were flat Wednesday, as earnings and a buyout moved some names in the sector.
Solarfun Power Holdings(SOLF Quote) plunged 22.7% after the maker of solar cells swung to a first-quarter loss and cut its full-year revenue outlook. The company reported a loss of $328,000, or less than a penny a share, on revenue of $24.6 million. During the year-earlier quarter, the company earned $4.3 million on revenue of $13.3 million.
Looking ahead, Solarfun now sees full-year revenue of $250 million to $270 million, down from an earlier view of $265 million to $285 million. Shares closed down $2.82 to $9.60. ...
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