BB Stock – BlackBerry Ltd. stock outperforms competitors despite losses on the day
Shares of BlackBerry Ltd.
shed 1.67% to $8.22 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.07% to 4,167.59 and the Dow Jones Industrial Average
rising 0.29% to 34,230.34. This was the stock’s fifth consecutive day of losses. BlackBerry Ltd. closed $20.55 short of its 52-week high ($28.77), which the company reached on January 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as CrowdStrike Holdings Inc. Cl A
fell 2.30% to $193.24, VMware Inc.
fell 0.40% to $160.04, and Citrix Systems Inc.
fell 0.02% to $119.18. Trading volume (3.4 M) remained 11.3 million below its 50-day average volume of 14.8 M.