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BlackBerry (NYSE: BB ) stock is a hot topic on Tuesday as the company's shares are taking off on Tuesday alongside the return of Roaring Kitty. Roaring Kitty is the trader that kicked off the meme stock rally in 2021 with his coverage of GameStop (NYSE: GME ) shares.
After GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC) made headlines with significant price increases in a short time during a massively bullish rally, another short-squeezed meme stock is back in town, and its name is BlackBerry (NYSE: BB).
Blackberry (BB) introduces upgraded AI-powered CylanceMDR, a Managed Detection & Response solution.
In the most recent trading session, BlackBerry (BB) closed at $2.93, indicating a +0.34% shift from the previous trading day.
BlackBerry (BB) reported earnings 30 days ago. What's next for the stock?
Amid volatile macroeconomic conditions, Computer Software industry participants like Descartes Systems Group (DSGX), Blackbaud (BLKB) and BlackBerry (BB) benefit from acceleration in digital transformation and strong adoption of cloud computing solutions.
Sometimes the Street focuses far too much on the trees and far too little on the forest. For example, in 2022, investors and analysts fixated on Netflix's (NASDAQ: NFLX ) membership loss.
According to Investopedia, “Momentum investing is a trading strategy in which investors buy securities that are rising and sell them when they look to have peaked.” Typically, momentum investors also use stop-loss orders to quickly sell stocks that fall significantly.
BlackBerry (BB) and ETAS GmbH collaborate to address the automotive industry's transition toward SDVs.
BlackBerry (BB) collaborates with AMD to focus on the development of a robotic systems platform for augmenting performance and scalability of robotic systems in industrial and healthcare verticals.