The Latest in IT Security

BlackBerry shares rally as short-sellers bail out

22
Jan
2014

BlackBerry Ltd, one of the biggest losers on the Toronto Stock Exchange last year, is one of the top performers of 2014 as optimism grows and short-sellers hurriedly bail out. The companys Nasdaq-listed shares rose 7.9 percent in trading on Tuesday, a day after a big run-up in the stock on the Toronto Stock Exchange. Analysts believe the 30 percent surge in BlackBerrys share price this year has much to do with some fast moves on the part of new Chief Executive John Chen that have boosted shareholder sentiment and forced short-sellers to exit their positions.

Comments are closed.

Categories

WEDNESDAY, SEPTEMBER 18, 2019
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments

Social Networks