RIM stock hits session lows as new device launched
TORONTO (Reuters) - Research In MotionRIM.TO RIMM.O sank as much as 8 percent on Wednesday as the BlackBerry maker unveiled its long-delayed line of smartphones that it says will mark the company's comeback.
The stock, which fell as much as 8 percent after rising more than 6 percent earlier in the session, was down 4.4 percent, at C$15.03 in Toronto. On the Nasdaq, shares were down 3.9 percent at $15.05.
(Reporting by Solarina Ho; Editing by Jeffrey Hodgson)
- Tweet this
- Share this
- Digg this
U.S. President Barack Obama and Indian Prime Minister Narendra Modi on Tuesday plan to discuss issues ranging from manufacturing to sanitation as the two leaders aim to deepen ties. Story | Full Coverage
China final HSBC PMI steady in September on stronger global demand but risks remain Full Article