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MAY 20, 2013 - MarketWatch

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Yahoo slips on Tumblr deal; tech stocks down

SAN FRANCISCO (MarketWatch) -- Yahoo Inc.'s $1.1 billion acquisition of blogging service Tumblr took the spotlight in early tech sector action Monday. Yahoo's shares gave up 15 cents to slip to $26.45 after the deal was announced. Among other leading tech stocks, small advances came from Apple Inc. and Google Inc. . The Nasdaq Composite Index , however, was down 2 points at 3,497.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Tags: Yahoo slips on Tumblr deal; tech stocks down,  Apple Inc. Latest News