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Why Shares of BlackBerry Are Rocketing Higher Today

TheMotleyFool 
0 0 25.01.21
Why Shares of BlackBerry Are Rocketing Higher Today
 

Shares of BlackBerry (NYSE: BB) soared more than 40% on Monday morning despite no company-specific news. The company is one of the darlings of a Reddit discussion group that has been influencing market moves in recent weeks, and the stock appears to be benefiting from the attention today.

BlackBerry, perhaps best known as the maker of the original must-have smartphone, had mostly fallen off the radar until recently. The company that was once known as Research in Motion has abandoned the handset business but continues to plug away as a maker of software and services focused on security.

Image source: Getty Images.

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Source Fool.com

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