RIM Rises, SGI Slips: Tech Winners & Losers

This story has been updated with closing prices.

NEW YORK ( TheStreet) - Beleaguered handset maker Research in Motion ( RIMM) was one of the tech sector's big winners on Monday, reflecting a broader uptick in technology stocks.

Shares of RIM, which reports its fourth-quarter results after market close on Thursday, closed up 2.78% at $14.04, despite ongoing concerns about the company's prospects. The BlackBerry maker easily outpaced the Nasdaq's gain of 1.78%.

Smartphone and tablet giant Apple ( AAPL) maintained its recent momentum, once again surpassing the $600 mark. The iPhone maker's shares climbed $10.93, or 1.83%, to close at $606.98.

Security software specialist Symantec ( SYMC), which has been one of the sector's turnaround stories, gained 2.58% to close at $18.67 on Monday.

Silicon Graphics ( SGI), however, was a laggard. Shares of the chip maker closed down 0.6% at $9.99 after the company announced plans to cut around 25% of its European workforce.

-- Written by James Rogers in New York.

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