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Meanwhile, two smaller tech stocks are set to steal the show over the next five years. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
For one, the company’s valuation has irrationally soared to multi-year highs. “BlackBerry is trading 26% above peers (7.5x), vs. trading at a 32% average discount over the last 5 years, given ...
The stock now changes hands at around $49. RIM's travails have been. Investors have abandoned Research In Motion (RIMM), which may finally make it a good investment again. Twenty months ago, the ...
The 87% drop in BlackBerry's stock price between 2010 and 2013 was primarily attributed to the performance of the iPhone handset. [31] The first three iPhone models generally lagged behind the BlackBerry in sales, as RIM had major advantages in carrier and enterprise support; however, Apple continued gaining market share.
Today, BlackBerry's stock trades at about $2.50 a share with a market cap of $1.5 billion. It shed more than 98% of its value as it lost the smartphone market to Apple 's iPhones and Alphabet 's ...
Over the years, the value of his ownership increased, and in 2005, he owned 2.7% of RIM, which had a value of $396 million. [6] [11] In 2000, Fregin donated $10 million to help found the Perimeter Institute for Theoretical Physics. [6] Fregin retired from his position as vice president of operations at RIM in May 2007. [12]
Data for BlackBerry Ltd as of July 26, 2021. Summary of BlackBerry Ltd as of July 26, 2021: Price Change: $10.180 to $10.180. 52 Week Low: $4.37. 52 Week High: $28.77. Market Cap: $5.784B. P/E ...
More than a few major tech companies have been eyeing BlackBerry maker Research In Motion (RIMM), according to recent published reports. Reuters is reporting that Amazon.com (AMZN) hired an ...