BlackBerry (BBRY) Almost Worthless Ex-Cash
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BlackBerry (Nasdaq: BBRY) stock continued its downward slide on Tuesday, falling another 4% to fresh, 5-yr lows near $5.5 per share. The stock is now trading well below Fairfax's scotched offer in September to buy the company for $9 per share. For a company with around $2.3 billion in cash at the end of August, and a market cap near $2.8 billion, BlackBerry itself isn't worth much these days.
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