BBRY Has a Good First Day at the Office

by Shlomo Morgulis on February 4th, 2013 · 3 Comments

Posted in News

Re-branded with a BBRY ticker symbol (it was previously trading as RIMM), BlackBerry’s stock did quite well Monday, opening trading at 13.74 and closing at 14.98 on the NASDAQ. The Monday close was a full 15% higher than Friday’s final trading. Though it’s likely to be coincidental to the new BBRY name, the 15% increase in price is good news for BlackBerry (previously Research in Motion) and its shareholders and could be the beginning of a bounce-back after the stock’s lackluster performance over the last two weeks.

At the very least, I guess it’s good that the stock ticker is better aligned with the way most people refer to the company.

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A native of the Big Apple, Shlomo Morgulis currently resides in suburban New York in rustic Rockland County. A long-time technology fan, Shlomo has recently joined the BerryReview team, allowing him to share his tech observations and perspective. In addition to technology and, of course, poetry, Shlomo's interests include history, baseball and baseball history.