BlackBerry (BBRY) Shows Strength: Stock Moves 5.7% Higher
BlackBerry Limited BBRY was a big mover last session, as the company saw its shares rise almost 6% on the day. The upside occurred after the company was awarded $815 million in a dispute with Qualcomm. Also, this led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 16% in the past one-month time frame.
The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
BlackBerry currently carries a Zacks Rank #3 (Hold).
BlackBerry Limited Price
BlackBerry Limited Price | BlackBerry Limited Quote
A top-ranked stock in the Wireless Non-US industry is KT Corporation KT holding a Zacks Rank #2 (Buy). You can the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is BBRY going up? Or down? Predict to see what others think:
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