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BlackBerry says unaware of reason for stock price surge


BlackBerry says unaware of reason for stock price surge
The Blackberry logo is shown on a office tower in Irvine, California
(Reuters) – Canada’s BlackBerry Ltd said it was unaware of any reasons for a surge in its share price on Monday that lifted gains to more than 150% since the start of January.
U.S.-listed shares of the security software supplier were up 17.7% at $16.53, set for a seventh consecutive session of gains.
Responding to a request from securities regulator the Investment Industry Regulatory Organization of Canada, BlackBerry said it was not aware of any material, undisclosed corporate developments that could have driven the surge in its stock and trading volume. ....

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BlackBerry says unaware of reason for stock price surge - Netscape Money & Business


BlackBerry says unaware of reason for stock price surge
01/25/2021 19:07
(Reuters) - Canada s BlackBerry Ltd said it was unaware of any reasons for a surge in its share price on Monday that lifted gains to more than 150% since the start of January.
U.S.-listed shares of the security software supplier were up 17.7% at $16.53, set for an eighth consecutive session of gains and their biggest monthly jump since going public in 1997.
Responding to a request from securities regulator the Investment Industry Regulatory Organization of Canada, BlackBerry said it was not aware of any material, undisclosed corporate developments that could have driven the surge in its stock and trading volume. ....

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BlackBerry and Facebook Settle Patent Lawsuit


BlackBerry and Facebook Settle Patent Lawsuit
BlackBerry says it settled its patent lawsuit against social-media giant Facebook.
Author:
BlackBerry  (
Shares of Ontario-based BlackBerry at last check jumped 16% to $10.61. The Menlo Park, Calif., social network was up 2.2% to $250.98.
We have resolved our disputes pursuant to a confidential agreement and have no further comment, a BlackBerry spokesperson said in an email.
BlackBerry sued Facebook in 2018 in California, charging that the social network and its WhatsApp and Instagram subsidiaries infringed on BlackBerry messaging app patents.
BlackBerry and its BBM system rose to popularity in the mid- to late-2000s.
BlackBerry then added Snap  ( ....

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