TECH STOCKS: Tech Stocks On A Mixed Trading Path

By Rex Crum, MarketWatch

SAN FRANCISCO (MarketWatch) -- It was rough going for tech stocks Friday, with many bellwethers dipping into the red as other sector leaders were set to end the week on a positive note.

Apple (AAPL) remained near its breakeven point of $101.43 a share, while Amazon.com Inc. (AMZN), Microsoft Corp. (MSFT) and Google Inc. (GOOGL) all posted small losses.

Yahoo Inc. (YHOO) was up by 1.6% at $41.91 a share. Yahoo plans to sell some of its 23% stake in Chinese Internet giant Alibaba (BABA) when the company goes public. Alibaba has reportedly stopped taking orders for its IPO earlier than expected due to high investor demand.

Conversant Inc. (CNVR) shares surged more than 30%, to $34.84, a day after the digital-marketing company said it would be acquired by Alliance Data Systems Corp. (ADS) for $2.3 billion in cash and stock. The deal values Conversant at $35 a share.

EBay Inc. (EBAY) rose 3.7% to $52.51 a share. The e-commerce leader said it would launch an in-app mobile ad network in the fourth quarter of the year. In doing so, eBay will be able to run ads on its own mobile app.

The Nasdaq Composite Index (RIXF) fell 15 points to 4,576 and the Philadelphia Semiconductor Index (SOX) was off by almost 1%.

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