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5-day change | 1st Jan Change | ||
| 3.95 CAD | -0.50% |
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+3.40% | -15.96% |
| Apr. 15 | Factbox-US, Canadian companies kick off 2024 with layoffs | RE |
| Apr. 15 | Social Buzz: Wallstreetbets Stocks Mostly Higher Pre-Bell Monday; Nvidia to Advance, Apple to Open Lower | MT |
TORONTO (Reuters) - Shares of beleaguered Canadian smartphone maker BlackBerry Ltd jumped briefly in active afternoon trading on Friday after a Citron Research note praised the company's recent strategic direction and issued a $15 price target.
BlackBerry's New York-listed shares jumped about 20 cents shortly before 1 p.m. ET (1800 GMT), immediately after Citron Research tweeted a link to its report.
The stock briefly topped $9, but fell back, and was last up 3.5 percent for the day at $8.86.
Citron is run by California-based investor Andrew Luck, who is better known for short-selling stocks.
(Reporting by Alastair Sharp and Allison Martell; Editing by Jeffrey Hodgson and Chizu Nomiyama)
| 1st Jan change | Capi. | |
|---|---|---|
| -15.96% | 1.71B | |
| -0.36% | 94.71B | |
| +11.82% | 49.44B | |
| +5.37% | 18.16B | |
| -8.72% | 13.17B | |
| +11.63% | 10.16B | |
| +41.42% | 3.93B | |
| -22.53% | 3.13B | |
| -23.21% | 970M | |
| -24.48% | 723M |
BLACKBERRY LIMITED 
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