Yahoo finance API is not available right now, please try again soon...

Investors Love Their BlackBerry (Stock)

*from www.money.cnn.com, Mar. 11, 2013 (To view original article click here.)

Take Away #1: With so much riding on BlackBerry’s new smartphone about to hit the U.S., so far, investors seem to be in the smartphone maker’s corner.

Key Facts and Figures:

  • Shares of BlackBerry (BBRY) rallied nearly 11% Monday.
  • After multiple misses and few hits, the Canadian smartphone maker seems to be on the right path.
  • The Z10, which features an all-touch keyboard, will make its U.S. debut lather this month.
  • AT&T (T) will start taking pre-orders on Tuesday.

Take Away #2: Also propelling BlackBerry’s stock higher was renewed chatter of a possible acquisition.

Key Facts and Figures:

  • Rumors of a possible takeover by Lenovo have been seen from StockTwits traders.
  • Speculation that Microsoft may show interest in a takeover has been seen from StockTwits traders as well.
  • Acquisition rumors are purely rumors however, and no agreement or official statements have been made.

*To view original article from www.money.cnn.com click here.

Filed in: Latest, Technology

No comments yet.

Leave a Reply

You must be logged in to post a comment.