Research In Motion (RIMM) Reverses, Goes on a Tear
Tweet
Share
E-mail
After trading lower earlier on a downgrade and a Vodafone outage, shares of Research In Motion Ltd (NASDAQ: RIMM) saw a major intra-day reversal.
The upside is likely related to continued optimism for the upcoming BB10 launch. This afternoon BGR reported that Sprint (NYSE: S) confirmed it will launch the device "later this year."
Shares of RIM last traded at $12.91, up 8.3 percent.
The upside is likely related to continued optimism for the upcoming BB10 launch. This afternoon BGR reported that Sprint (NYSE: S) confirmed it will launch the device "later this year."
Shares of RIM last traded at $12.91, up 8.3 percent.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Reddit (RDDT) added to S&P 500
- Apple In Coming Months To Launch Suite Of AI Tools In China-sources - Reuters
- Detroit Automakers Fear North American Trade Deal Revamp Could Cost Them Billions - Reuters
Create E-mail Alert Related Categories
Insiders' Blog, Trader TalkSign 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!
