NEW YORK (

TheStreet

) - The Nasdaq fell Monday, ending eight straight days of gains and pushing down tech stocks.

Salesforce

(CRM) - Get Report

dropped 3.2% to close at $143.88. The company announced last week that it had acquired cloud startup

Heroku

for $212 million. Shares of Salesforce are up over 95% from the beginning of the year.

Netflix

(NFLX) - Get Report

, meanwhile, closed down 5.6% at $183.80, as the company said

last week that Chief Financial Officer Barry McCarthy is stepping down.

Time Warner

(TWX)

chief executive Jeffrey Bewkes also bad-mouthed Netflix in a recent

New York Times

(NYT) - Get Report

article, arguing the company is over-hyped.

Research in Motion

(RIMM)

fell 2.2% to $60.81, as a new report said that Blackberry's share of smartphones at

Verizon Wireless

(VZ) - Get Report

plummeted from 90% in October 2009 to a current 19%.

Google's

(GOOG) - Get Report

Android phones are the reason for this downfall, ITG Investment Research says.

Dell

(DELL) - Get Report

dropped 3.6% to close at $13.35, as the PC-maker announced that it had acquired storage solution provider

Compellent Technologies

(CML)

for $960 million. Dell will pay $27.75 per share, up from its bid last week of $27.50 per share.

In one of the rare bright spots for the tech sector Monday,

Sprint

(S) - Get Report

climbed 3.6% to $4.37.

Last week,

Citigroup

(C) - Get Report

analysts reiterated a "buy" rating on Sprint's stock, while

Deutsche Bank

(DB) - Get Report

upped their price target on shares from $6 to $7.

--Written by Olivia Oran in New York.

>To follow the writer on Twitter, go to

http://twitter.com/Ozoran

.

>To submit a news tip, send an email to:

tips@thestreet.com

.