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Tech Winners & Losers: Sprint Nextel

Stock quotes in this article: S , VZ , MSFT , ACTU , CIEN , MOT  

Tech stocks were on the rise on Monday, with much of the country's attention focused on the presidential election.

The Nasdaq gained 9 points, or 0.5%, to 1730 in recent trading.

Sprint Nextel(S Quote) shares rocketed 27.2% to $3.98 one day before the Federal Communications Commission is expected to approve the company's plan to spin off its WiMax wireless unit into a joint venture with Clearwire. ...

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