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Monday, May 20, 2013 4:56:54 PM EDT

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Symbol	Last	Change
AAPL	$442.93	+2.23%
BRCM	$37.40	-0.40%
CRM	$47.01	+0.47%
DELL	$13.41	+0.07%
EBAY	$55.95	-1.34%
FB	$25.76	-1.87%
GOOG	$908.53	-0.07%
HPQ	$21.18	-0.42%
IBM	$207.60	-0.40%
LNKD	$182.31	-0.02%
NOW	$40.31	-0.20%
STX	$41.04	-1.04%
YHOO	$26.58	+0.23%

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Facebook gains slightly, but most techs slip

7/9/12 4:51 PM ET (MarketWatch)

SAN FRANCISCO (MarketWatch) -- Tech stocks trimmed their losses in late trading Monday, but most of the sector's leaders closed in the red and Facebook Inc. put in one of day's few upbeat performances.

Facebook (FB) ended the day with a gain of 44 cents a share, or 1.4%, to close at $32.17. On Friday, the company and Yahoo Inc. settled a patent dispute and formed a new advertising and content-sharing partnership.

So Young Lee, an analyst with SunTrust Robinson Humphrey, said in a research note that it was in Yahoo's interest to make peace with Facebook. "Many investors felt the lawsuits were unnecessary distraction from the company's turnaround efforts," Lee said.

Another potential helper for Facebook's shares may be a report from FINS.com that suggests the company is moving harder into the market for job postings. LinkedIn(LNKD) shares shed nearly 5% Monday morning following the report.

Yahoo (YHOO) shares ended the day off by 3 cents $15.76.

In addition to Facebook, the few tech-sector leaders to rise included Google Inc. (GOOG) , Seagate Technology Inc. (STX) and eBay Inc. (EBAY)

Apple Inc. (AAPL) shares rose $8.01 to close at $613.89. Piper Jaffray analyst Gene Munster said in a research note that Apple could sell as many as 6 million smaller-form iPads in the fourth quarter of the year should the company put such a device on sale, as some media reports have suggested.

ServiceNow Inc. (NOW) shares shed 57 cents to close at $25.27. The cloud-based software company's stock is still up more than 40% since its IPO on June 29.

ServiceNow's successful IPO was seen by some as helping to boost the efforts of Palo Alto Networks Inc. and Kayak Software Corp., both of which on Monday set terms for their upcoming IPOs.Read more about the upcoming IPOs in IPO Report.

Losses also came from Dell Inc. (DELL) , International Business Machines Corp. (IBM) , Hewlett-Packard Co. (HPQ) and Broadcom Corp. (BRCM) .

The losses contributed to the Nasdaq Composite Index (COMP) giving up more than 5 points to close at 2,931. The Philadelphia Semiconductor Index (SOX) and the Morgan Stanley High Tech 35 Index (MSH) were each off more than 1%.

Salesforce.com(CRM) shares closed with a loss of $4.45 a share, or 3.3%, to end the day at $131.30 on a report from the Wall Street Journal that the company is planning to buy a startup called GoInstant for more than $70 million.

Acme Packet Inc. (APKT) shares fell another 49 cents, or more than 3%, to $15.25, adding to Friday's loss of more than 14%. Acme, which makes phone and data-networking gear, pre-announced weaker-than-expected quarterly results on Friday.