Helped perhaps by a "valuation call" from Bear, Stearns that upgraded RIM stock from Underperform to Peer Perform, the BlackBerry-maker's stock price experienced a gentle rally of sorts this afternoon to finish in positive territory for the day on the Nasdaq.
Here's where the BlackBerry-maker's stock price stood as trading ended today:
Nasdaq RIMM)- $71.12 a share, up 46 cents (+0.65%) from Monday's $70.66 a share close. Trading volume was 4.191 million shares, more than two-thirds RIM's three-month average daily trading volume of 5.817 million shares.
Somewhat different story in Canada, though.
Toronto Stock Exchange (RIM)- 78.50(CDN) a share, down 28 cents (-0.36 %)from Monday's $78.78 (CDN) a share final.
1. Xm.... lets see, what they will do...
Posted at 9:21AM on May 17th 2006 by SockeT