BlackBerry Limited Stock News

Unified approach to predictive cyber-defense with simple pricing, increases visibility and boosts security posture, without changing existing software stack WATERLOO, ON , July 17, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced the launch of CylanceMDR™ Pro, a cutting-edge managed detection and response (MDR) service built on an Open XDR platform powered by AI. Desi...

Meme stocks looked to be on the comeback trail in May of this year after retail trader Keith Gill, known online as “Roaring Kitty,” made a triumphant return to social media after a three-year hiatus. By posting only a few cryptic memes heralding his return, Gill managed to more than double the share prices of popular undervalued meme stocks such as GameStop (NYSE: GME ) and AMC Entertainment (N...

Meme stocks to sell continue sounding the alarm bells this year. However, this year's explosiveness in meme stocks is notably subdued compared to the original retail trading frenzy.

The stock market might be near all-time highs, but it's not champagne and caviar for every company or their shareholders. Many stocks are deep in the red this year despite the gains seen across the indices.

Meme stocks are some of the most dangerous investments to make right now. In my view, now may be a good time to sell many top meme stocks that have gone on big runs.

While it is true that technology stocks are leading the market higher, not every tech stock is a winner. As the Nasdaq index continues to hit record highs, many of its components are slumping badly and underperforming.

BlackBerry NYSE: BB, one of the many companies that was once part of the “meme stocks” craze, is a technology firm that has transitioned its business from its handheld devices of the 2000s.  The firm's operations now revolve around cybersecurity and Internet of Things (IoT) solutions.

Blackberry Ltd (TSX:BB) shares pointed higher in premarket, after the telecoms tech company reported better-than-expected financials for its first quarter. The company's earnings per share was reported at negative 3 cents, surpassing analyst expectations of 4 cents per share loss.