Why BlackBerry Limited Stock Just Crashed 11.5%

Shares of BlackBerry Limited (NYSE: BB), the once-smartphone maker transformed into a security software specialist, crashed in Friday morning trading, and are now down 11.5% as of 11:05 a.m. EST.

The drop comes after BlackBerry reported earnings that it described as "solid" yesterday evening, and ahead of analyst expectations. Yet the shares are still down. Why?  

Image source: Getty Images.

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Source Fool.com