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Tech Stocks Add To Earlier Loss, RIMM And JBL Among Top Decliners (RIMM, JBL, AAPL, DELL, MSFT, GOOG)

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US Technology stocks fell to add to their decline in previous sessions. Shares of Research In Motion Ltd (NASDAQ: RIMM) and Jabil Circuit Inc (NYSE: JBL) were the top losers in the list.

RIMM has launched the PlayBook in response to the iPad by Apple Inc (NASDAQ: AAPL). The PlayBook is likely to hit the market in the beginning of 2011. RIMM shares are down about 3.60%.

Shares of Jabil Circuit Inc dropped about 4.6% a day after the company reported a Q4 profit of $0.27 per share, up from $0.03 per share, in the year-ago period. The company posted its core earnings at $0.52 per share. The company's revenue came in at $3.86 billion. However, analysts had expected the company to report earnings of $0.48 per share, on $3.89 billion in revenue.

Other decliners in the list include Dell Inc (NASDAQ: DELL), Microsoft Corp (NASDAQ: MSFT), AAPL and Google Inc (NASDAQ: GOOG).

The Nasdaq Composite Index is down about 0.07%, while the Philadelphia Semiconductor Index (SOX) moved up about 1.15%. The Morgan Stanley High Tech 35 Index (MSH) dipped about 0.04%.

Read more from Benzinga's Markets.

 

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