Tech Winners & Losers: Ebay
Tech stocks continued on a downward path on yet another day filled with angst over whether Congress will pass a $700 billion federal bailout package. __('Read the rest of this entry »')
The Nasdaq slipped 78 points, or 3.8%, to 1991 in recent trading.
shares tumbled 8.6% to $19.06 after Morgan Stanley downgraded it to equal weight from overweight. The firm also slashed its third- quarter earnings estimate to 40 cents a share from 42 cents a share.
For 2009, Morgan Stanley expects