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Apr 3, 2024 · April 3 (Reuters) - Canada's BlackBerry (BB.TO) reported a surprise profit for the fourth quarter on Wednesday, helped by higher demand for its cybersecurity services amid growing online crimes...
- Regulators Halt Trading
- Latest in A Series of Unexpected Rises
- 'Most Undervalued Stock in The World'
The company itself admitted as much in a news release Monday, saying it is "not aware of any material undisclosed corporate developments ... that would account for the recent increase in the market price or trading volume of its common shares." BlackBerry made that statement at the request of regulators, who put a halt to all buying and selling of ...
U.S. video game retailer GameSpot has seen its shares quintuple in recent weeksas retail investors pile into the company, even as institutional money is shorting the shares. Short sellers make money by betting against stocks. While BlackBerry has very few of its shares being currently shorted, it is being swept up in the same tide of retail investo...
British Columbian Paul Ni is one such retail investor who's riding that swell. Ni said he first became interested in the company last November, when his due diligence led him to deduce the company was the "most undervalued stock in the world." He's active on a Reddit board called wallstreetbets, that boasts nearly two million people, sharing their ...
Sep 23, 2021 · Canada's BlackBerry Ltd beat Wall Street estimates for second-quarter revenue on Wednesday amid strong demand for its cybersecurity and Internet of Things software products.
BlackBerry (TSX:BB)(NYSE:BB) has been a great Canadian turnaround story. After failing as a smartphone maker, it re-invented itself as a software company, and had significant success in that...
Apr 7, 2022 · WATERLOO, ONTARIO - BlackBerry Ltd. says it has reached a deal to settle a drawn-out class action lawsuit alleging the company defrauded shareholders by making misleading claims about its...
Sep 22, 2021 · Excluding one-time items, it swung to an adjusted loss of US$33 million or six cents per share, versus an adjusted profit of $58 million or 10 cents per share in the second quarter of its fiscal...
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Jun 24, 2021 · BlackBerry Ltd. trimmed its net loss to US$62 million in the first quarter of its fiscal year despite lower revenues. The Waterloo, Ont., based company, which reports in U.S. dollars, says it...
