Bankruptcy for RIM (RIMM)? Gene Munster Thinks So
Research In Motion Limited (Nasdaq: RIMM) ticks lower after Piper Jaffray's Apple (Nasdaq: AAPL) analyst, Gene Munster, said in a scenario where Apple goes to a $1000 per share, there is no room for RIM and the company will likely go bankrupt.
The comments were made in a CNBC interview.
Shares of RIM are down 4.8%.
The comments were made in a CNBC interview.
Shares of RIM are down 4.8%.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bread Financial Holdings, Inc. (BFH) Provides Performance Update for March 2024
- Histogen Inc. (HSTO) Files Chapter 11
- Red Lobster Mulls Filing For Bankruptcy To Fix Balance Sheet - Bloomberg
Create E-mail Alert Related Categories
Trader TalkRelated Entities
Piper Jaffray, Gene Munster, BankruptcySign 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!