Workers prepare the podium before the start of the BlackBerry 10 event on Jan. 30, 2012, in New York City.(Photo: Mario Tama, Getty Images)
After taking a hit on Thursday, BlackBerry stock appears to be on the way back up. Let’s look at the stocks to watch as we close out the week.
BlackBerry recoups some losses. The smartphone’s manufacturer’s stock price has vaulted past $15, despite former CEO Jim Balsillie selling all 26.8 million of his shares.
As Reuters reports, Balsillie owned a 5% stake in the company, which just unveiled its BlackBerry 10 line of devices arriving in the U.S. next month.
Read also:
BlackBerry's former chief sells entire stake in company (The Guardian)
BlackBerry's Former Co-CEO Jim Balsillie Sells Stake (Bloomberg)
BlackBerry Pioneer Balsillie Sells His Shares (Sky News)
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