Research In Motion (RIMM) Slightly Higher Ahead of Results
Tweet
Share
E-mail
Research In Motion Ltd. (Nasdaq: RIMM) is up 1.3% ahead of earnings tonight. Last quarter the company blew it, missing street estimates by a penny. The stock dropped 13% the day after the results. Guidance for the company may have been conservative enough and analyst cautious enough to provide a beat tonight for the BlackBerry maker.
Shares of Research In Motion are down over 30% since last quarter, trading just below the $100 physcologial level at $98 per share.
Shares of Research In Motion are down over 30% since last quarter, trading just below the $100 physcologial level at $98 per share.
You May Also Be Interested In
- Hunterbrook Capital is short bonds issued by Sammons Financial Group and short Guggenheim Strategic Opportunities Fund
- Trex Company names Brian J. Taylor as its first chief commercial officer
- FDA: issues early alert on Abiomed heart pump controller purge cassette issue
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!
