Why BlackBerry Stock Fell in February
Shares of BlackBerry (NYSE: BB) fell 28.3% in February, according to data provided by S&P Global Market Intelligence, giving back some of the impressive gains the company enjoyed in January. BlackBerry is caught up in the current short-squeeze mania, which has generated a lot of volatility in the stock.
It's been an interesting few months for BlackBerry, the Canadian company once known as Research in Motion that is perhaps best known as the creator of the smartphone that dominated the market until Apple released the iPhone.
Its handset days are long gone, but BlackBerry in recent years has reinvented itself as a maker of software and services focused on security.
Source Fool.com
