Tech Winners and Losers: Dell

Dell investors are shrugging off a dismal earnings report.
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Updated from 3:27 p.m. ET

A day after reporting less than stellar fourth-quarter earnings, Dell was one of the biggest gainers among widely held tech stocks Friday.

Shares of Dell, which reported

plummeting profit

and weak sales after the closing bell Thursday, were recently up 5.6% to $8.67. Some analysts have said the Round Rock, Texas, firm's cost-cutting measures may outweigh the lackluster data, helping prop up the stock.

Elswhere:

Shares of Yahoo! were up 1.9% to 13.23.

Microsoft was down 1.6% to $16.15.

IBM was up 3.4% to $92.03.

Research In Motion was up 1.0% to $39.94.

Palm was down 0.3% to $7.24.

Nokia was down 1.7% to $9.36.

Apple was up 0.1% to $89.31.

Google shares 0.2% to $337.99.

Shares of Hewlett-Packard were down 4% to $29.03.

Cisco was up 0.6% to $14.57.