Sun Stock Price Tumbles After IBM Talks Collapse

Sun Microsystems’ stock was down 25 percent in afternoon trading Monday after reports broke that the potential tie-up between IBM and Sun Microsystems is a no-go.

Talks between the two computing bigwigs collapsed over the weekend. IBM had put a $7 billion takeover bid on the table.

IBM’s stock didn’t fare as badly, dipping less than 2 percent.

The IBM-Sun fallout quickly extended to other computing companies like Dell Computer and Hewlett-Packard Co., which both posted losses.

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