Tech Stocks Ended Lower (CLWR, ERTS, GLW)

Clearwire Corporation (NASDAQ:CLWR) went down 4.44% and closed at $6.02. Late Thursday, Clearwire said it lost $139 million, or 58 cents a share, on revenue of $147 million.

During the same period a year ago, Clearwire lost $82.4 million, or 43 cents a share, on sales of $68.8 million.

Analysts had forecast Clearwire to lose 61 cents a share on $157.9 million in sales. The company said it was having problems securing funding and would cut about 600 of its 4,200 jobs.

Over the past 52-week, the stock had traded within the range of $5.35-$8.82.

Electronic Arts Inc. (NASDAQ:ERTS) slid 0.98% to $16.18. Last week, the company reported a net loss for the fiscal second quarter ended September 30 of $201 million, or 61 cents a share, versus a net loss of $391 million, or $1.21 a share, in the year-ago period.

Excluding items, EA’s had a profit of 10 cents a share, better than the average analyst estimate for a loss of 10 cents, according to Thomson Reuters.

The stock went down more than 8% year-to-date.

Corning Incorporated (NYSE:GLW) dropped 0.95% and closed at $18.79. Last week, the company announced its results for the third quarter of 2010. Sales were $1.6 billion, a 6% sequential decline, but an 8% increase year over year. Earnings per share were $0.50. Excluding special items, earnings were $0.51, a 12% sequential decline, but 21% increase year over year.

The stock went down more than 2% year-to-date.