RIM Bouncing Despite Susquehanna Downgrade (RIMM) (Update)
More News related to RIMM
- The Google (GOOG) Phone is Coming... Someday
- Option volume leaders: BAC POT CHK C RIMM
- Research In Motion (RIMM) Shares Falling After-Hours as BMO Downgrades to Market Perform
- New BlackBerry Curve 8520 Joins AT&T Smartphone Lineup
- Auriga Initiates Coverage on Research In Motion (RIMM) with a Hold; Challenges Ahead as Smart Phone Market and Competition Heat Up
After trading about a percent lower in the pre-market session, shares of Research In Motion (Nasdaq: RIMM) are now trading sharply higher, shrugging off a downgrade from this morning. The stock most recently traded at $59.97, up about 2.2% for the session.
Susquehanna downgraded the stock from Positive to Neutral, also suspending the firm's $94 price target.
Stay tuned to StreetInsider.com for more color on the downgrade.
Research In Motion Limited (RIM) is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market.
Related Categories
DowngradesInsiders' Blog
Stocks Mentioned
+0.88Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
