(EMAILWIRE.COM, March 15, 2010 ) Dallas, Tx - Monday, Stocks among the tech sector are underperforming the braoder index. Google is falling as Google Inc. advertisers in China are being advised to switch to rivals such as Baidu and business partners are exploring alternatives as speculation grows the U.S. that company will shut its Web site in the country.
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But, Baidu, Inc.(ADR) (Public, NASDAQ:BIDU) is the winner on this speculation and soared over 7% to $589.19 after hitting a new 52-week high of $628.50.
After hitting a record day by day, Apple Inc. (Public, NASDAQ:AAPL) shares fell 1.63% to $222.91 on profit making.
Amazon.com, Inc. (Public, NASDAQ:AMZN) slid over 1% to $130.35. In the past one year, the stock has rallied about 90%.
SanDisk Corporation (Public, NASDAQ:SNDK) slid 1.75% to $33.22. In the past one year, the stock is up over 200%.
STEC, Inc. (Public, NASDAQ:STEC) also fell 2.80% to $12.53.
Howevre, eBay Inc. (Public, NASDAQ:EBAY) is bucking the trend and now up 0.62% to $26.13 after making a new 52-week high of $26.64 earlier in the session.
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