BB Stock – BlackBerry Ltd. stock rises Thursday, outperforms market
Shares of BlackBerry Ltd.
rallied 5.95% to $9.44 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.42% to 4,097.17 and the Dow Jones Industrial Average
rising 0.17% to 33,503.57. The stock’s rise snapped a two-day losing streak. BlackBerry Ltd. closed $19.33 short of its 52-week high ($28.77), which the company achieved on January 27th.
The stock outperformed some of its competitors Thursday, as CrowdStrike Holdings Inc. Cl A
rose 4.91% to $203.45, VMware Inc.
fell 0.66% to $152.56, and Citrix Systems Inc.
rose 0.06% to $142.77. Trading volume (11.4 M) remained 24.4 million below its 50-day average volume of 35.8 M.