Research In Motion (RIMM) Sees Action As Chatter Picks Up
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Research In Motion (Nasdaq: RIMM) is seeing some mid-day upside on vague rumors the company hired an advisor to explore strategic alternatives.
Although there was recent reports that Amazon and others were looking at a bid for the embattled smartphone maker, we are taking the latest chatter with a grain of salt as the company has indicated it is focused on fixing the business.
Shares are up 1.2%.
Although there was recent reports that Amazon and others were looking at a bid for the embattled smartphone maker, we are taking the latest chatter with a grain of salt as the company has indicated it is focused on fixing the business.
Shares are up 1.2%.
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