BlackBerry Limited (BB), once a dominant player in the smartphones segment, has transformed into a specialist provider of enterprise software and the Internet of things (IoT) services. This year, the company has caught the “meme stock” frenzy, with traders swinging the stock to its 52-week high of $28.77 on January 27. The stock has been increasingly volatile due to the frenzy and has lost 15% in the last week alone. BB shares are up over 100% since the beginning of the year. With BlackBerry coming to light lately, much is anticipated about the company’s business model and its ability to rise above the “meme-stock” game.
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BlackBerry (NYSE:BB)
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BlackBerry (NYSE:BB)
Historical Stock Chart
From Jul 2020 to Jul 2021 Click Here for more BlackBerry Charts.