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发帖数: 8087 | 1 Apple hits new high; Facebook at new low
Tech stocks edge lower, as Microsoft, Intel, Cisco slip
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By Benjamin Pimentel, MarketWatch
SAN FRANCISCO (MarketWatch) -- Shares of Apple Inc. hit an all-time high on
Monday, while Facebook Inc. slumped to a new low to set the tone for an
early tech sector retreat.
Apple AAPL +2.30% shares were last trading up 1.6% to $658.20, having hit
an intraday high of $658.98 as the buzz grew around the expected September
launch of the iPhone 5.
But the broader tech sector kicked off the week in the red, highlighted by
declining shares of Facebook Inc. FB +1.42% which shed 1% to $18.87, after
hitting an intraday low of $18.75.
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AllThingsD's Lauren Goode reports.
The losses meant the social networking giant’s stock has fallen by more
than 50% since going public in May with an initial public offering price of
$38.
Other social media stocks also were heading south. Yelp Inc. YELP -6.14%
saw its shares fall 7%, while Groupon GRPN -0.08% was down 1.5% and
LinkedIn LNKD +0.07% gave up a fraction. On the upside, shares of Zynga
Inc ZNGA +1.00% was ahead 1%.
The Nasdaq Composite Index COMP -0.29% was down 15 points, or 0.5%, at 3,
062. The Morgan Stanley High Tech 35 Index MSH -0.62% was down 0.7%, while
the Philadelphia Semiconductor Index SOX -1.20% lost 1.3%.
The tech sector was weighed down by losses in shares of Cisco Systems CSCO -
0.68% which was down more than 1%, and Microsoft Corp. MSFT -0.68% which
was off by 1%.
On the upside, the group got a lift from shares of Hewlett-Packard HPQ +1.79
% which gained 1% and Dell Inc. DELL +1.31% which was up 0.7%.
The two personal computer giants are scheduled to report results this week.
Benjamin Pimentel is a MarketWatch reporter based in San Francisco. |
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