The BlackBerry Ltd. (Nasdaq: BBRY) stock price fell nearly 3% today after the company discontinued its latest smartphone.
With shares down 31% year to date, investors are wondering if there is any value left in BlackBerry stock.
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
The BlackBerry Ltd. (Nasdaq: BBRY) stock price fell nearly 3% today after the company discontinued its latest smartphone.
With shares down 31% year to date, investors are wondering if there is any value left in BlackBerry stock.
Here's what you need to know...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The Dow Jones Industrial Average today is surging during the Brexit vote.
Polls suggest Britain will remain in the European Union, but it's still too close to call.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler - • Print | Email
For BBRY stock, the market reaction to today's (Tuesday) missed earnings was a familiar one.
The once high-flying BlackBerry Ltd. (Nasdaq: BBRY) stock slumped about 4% to below $9 a share. In its heyday BlackBerry stock traded at over $100 a share.
Now CEO John Chen is trying to rebuild BlackBerry by focusing on its software business.
But all the smart moves may not be enough...