BlackBerry Limited (BB)
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BB stock has minimal growth catalysts and dismal financial flexibility to turnaround its fortunes. Blackberry's future is dim.
Shares of several companies in the broader technology space, including BlackBerry Ltd (NYSE: BB) are trading lower amid overall market weakness following worse-than-expected US inflation data, which has weighed on stocks across sectors. The 10-year Treasury yield hit an intraday high of 1.592% before dipping to around the 1.551% level.
BlackBerry is poised to unveil its auto app store in early January. The news should be quite positive for BB stock.
BlackBerry (BB) closed the most recent trading day at $11.19, moving -0.8% from the previous trading session.
BlackBerry continues losing money. Yet BB stock is up almost 66% in 2021.
WATERLOO, ON, Nov. 8, 2021 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced it will host a virtual fireside chat with John Giamatteo, President of BlackBerry's Cyber Security business unit. John will share his thoughts on the large and growing cyber market opportunity, and BlackBerry's competitive position in the space, as well as his immediate priorities and how his deep industry experience can strengthen BlackBerry.
What's popular with retail investors today could be an afterthought tomorrow.
BlackBerry Ltd (NYSE: BB) shares are trading higher in sympathy with Bed Bath & Beyond and other popular Wall Street Bets stocks following announcements from Bed Bath & Beyond. Bed Bath & Beyond announced a strategic collaboration with The Kroger Co (NYSE:KR) to directly offer Kroger customers a selection of goods focused on home and baby products through Kroger.com, as well as a small-scale physical store pilot.
After cooling off during the summer, meme stocks look to be making a comeback as several infamous names rally once again. The post Meme Stocks Alert: What Is Going on With CAR, BB, AMC, BBBY Stocks Today?
WATERLOO, ON, Nov. 3, 2021 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced its participation at the following virtual investor conferences in November 2021: TD Securities Virtual Technology Conference Monday, November 15, 2021, at 12:35pm ET Presenter: Mattias Eriksson, President, BlackBerry IoT, discussing BlackBerry's competitive positioning and market opportunities in Automotive. Register here for the live webcast.