Why BlackBerry Stock Flopped on Friday
Key Points An analyst relaunched his tracking of the company. His recommendation on its stock wasn't enthusiastic, though. 10 stocks we like better than BlackBerry › A fairly tepid analyst note helped spur a sell-off of BlackBerry (NYSE: BB) stock on Friday. The company, still working to pivot from its salad days as a pre-smartphone communications device powerhouse, saw its share price erode by more than 5% as a result. That compared unfavorably to the performance of the S&P 500 (SNPINDEX: ^GSPC), ...