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Is BlackBerry Stock a Buy?

TheMotleyFool

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Is BlackBerry Stock a Buy?Photo, wide shot, wide-angle lens, Cable TV provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/51ec7f0d-2b5e-41f6-baa4-43bf0f5d7e7d.png

In June 2008, (NYSE: BB) -- then known as Research in Motion -- saw its stock hit a record high of $147.55 as its market cap hit $83.3 billion. It was the world's top smartphone maker and its business was firing on all cylinders.

Today, BlackBerry's stock trades at about $2.50 a share with a market cap of $1.5 billion. It shed more than 98% of its value as it lost the smartphone market to Apple's iPhones and Alphabet's Google Android devices.

Image source: Getty Images.

Source Fool.com