Amid an abortive deal between
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
that IBM had withdrawn its offer for the firm. IBM shares, meanwhile, fell 0.7% to $101.47, as investors wondered what would come
Another of the day's biggest losers was
, which fell 4.3% to $22.11 on seemingly no news whatsoever.
, meanwhile, dropped 3.7% to $17.47.
On the winning side:
rose 17.2% to $1.50.
Advanced Micro Devices
rose 2.9% to $3.53.
Research In Motion
rose 8.5% to $64.31.
rose 2.1% to $118.43.
rose 5% to $4.40.
rose 0.7% to $33.03.