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Is BlackBerry (Nasdaq: BBRY) Stock Dead Money or a Turnaround in the Making?
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.
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.