Tech Five: King shares plunge

It's a sour start to the week for Candy Crush Saga maker King. Let's take a look at the technology stocks to watch Monday:

King. Shares of the game maker sunk more than 5% in pre-market trading. It's not immediately clear what's causing the Monday slide. Last month, Mashable reported King faced a lawsuit alleging it inflated the number of users playing its hit game Candy Crush Saga.

Apple. The company's revamped Apple TV expected to launch later this year will not include support for 4K, reports Buzzfeed. The new Apple TV will reportedly boast its own App Store and a processing upgrade.

Zillow. Shares of the real estate website sunk more than 3% after Barclays downgraded the company's stock to equal weight, reports CNBC. Barclays cites short-term traffic growth for the downgrade, says the report.

Twitter. In the battle of live streaming video apps, it appears Twitter's Periscope is back on even ground with start-up Meerkat, according to Quartz. After tweets with links to Periscope surged to 50,000 last week, the service's numbers sunk to around the 20,000 mark.

Sharp. The electronics giant is reportedly planning to spin off its LCD business. The Wall Street Journal reports seeks a spinoff during Sharp's current fiscal year. In a statement, Sharp says it is "considering various possibilities for fundamental structural reforms
including LCD business."

Follow Brett Molina on Twitter: @brettmolina23.