Top Tech Stocks Losers (PALM, AAPL, GOOG, YHOO)


(EMAILWIRE.COM, March 19, 2010 ) Dallas, Tx - Most technology stocks edged lower early Friday, as shares of Palm Inc. plunged after the handheld-device maker issued a weaker-than-expected revenue forecast.

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Palm, Inc. (NASDAQ:PALM) slid 18.76% to $4.59 on 36.92 million shares after the company also reported that smart phone sales fell short of expectations.

Apple Inc. (NASDAQ:AAPL) is down 1.22% to $221.90 on 8.98 million shares.

Google Inc. (NASDAQ:GOOG) decreases 0.90% to $561.31 on 1.91 million shares after a Chinese newspaper has reported that Google Inc. has decided to cease operations in China beginning in early April. The web giant is expected to make the announcement on Monday, one day after the company's employees receive their year-end bonuses.

Yahoo! Inc. (NASDAQ:YHOO) drops 0.30% to $16.51 on 7.95 million shares. The stock hit an intraday high and an intraday low of $16.81 and $16.34 respectively. In the last one year of trading sessions the stock went up over 20%.

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