It doesn't take much to push RIM stock higher these days. Keep in mind the BlackBerry maker's stock price has plummeted in the last couple of years, but a single analyst with positive news has boosted the stock, at least temporarily.
RIM has a lot riding on BlackBerry 10. Is Thorsten Heins going to break all odds and bring RIM back from the brink of disaster? Only time will tell...
RIM surged 18 percent, the biggest gain since April 2009, after an analyst with National Bank Financial raised his estimates for BlackBerry 10 sales next year. Colossus Minerals Inc. (CSI) climbed 3.8 percent as gold rose. Royal Bank (RY) of Canada and Toronto-Dominion Bank (TD) advanced. U.S. markets were closed today for the Thanksgiving holiday.
RIM has a lot riding on BlackBerry 10. Is Thorsten Heins going to break all odds and bring RIM back from the brink of disaster? Only time will tell...