UPDATE: Research In Motion Ltd (RIMM) sees heavy pressure
(Updated - January 28, 2013 10:23 AM EST)
Research In Motion Ltd (NASDAQ: RIMM) sees heavy pressure. Share down 7%.
UPDATE: The downside comes amid cautious comments from OTR Global. In addition, rumored buyer Lenovo said last week's comments about a possible acquisition of RIM were taken out of context.
After trading down as much as 7.8% to $16.17, shares are now significantly pairing losses and are down just 4%.
Research In Motion Ltd (NASDAQ: RIMM) sees heavy pressure. Share down 7%.
UPDATE: The downside comes amid cautious comments from OTR Global. In addition, rumored buyer Lenovo said last week's comments about a possible acquisition of RIM were taken out of context.
After trading down as much as 7.8% to $16.17, shares are now significantly pairing losses and are down just 4%.