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
- Wolfpack Research: 'we are short FTK because their $400m deal has been canceled'
- Trump approval at 33%, lowest of his presidency - Reuters/Ipsos
- Kilroy Realty names interim CFO amid executive transition
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!



Tweet
Share