BB Stock – BlackBerry Ltd. stock outperforms market on strong trading day
Shares of BlackBerry Ltd.
rose 4.05% to $8.48 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.74% to 4,232.60 and the Dow Jones Industrial Average
rising 0.66% to 34,777.76. The stock’s rise snapped a six-day losing streak. BlackBerry Ltd. closed $20.29 short of its 52-week high ($28.77), which the company achieved on January 27th.
The stock outperformed some of its competitors Friday, as CrowdStrike Holdings Inc. Cl A
rose 1.13% to $189.18, VMware Inc.
rose 0.67% to $163.41, and Citrix Systems Inc.
fell 0.54% to $121.03. Trading volume (5.6 M) remained 7.7 million below its 50-day average volume of 13.3 M.