Home > Communication > Blackberry > BlackBerry Back From The Dead

BlackBerry Back From The Dead

BlackBerry shares jumped up to 10 percent last week, extending recent gains after investment firm Citron Research said the Canadian technology company’s stock could double.

BlackBerry’s stock has surged nearly 70 percent over the past two months, following a multiyear turnaround effort.

The company’s deals with automakers and other business wins have boosted confidence in BlackBerry’s prospects. Citron Research said in a report that it expects the momentum to continue and it has high expectations for sales of BlackBerry’s QNX secure industrial operating system.

QNX is installed in more than 60 million cars where it is used to run infotainment and telematics systems.

You may also like
BREAKING NEWS: Sam Skontos Out At TCL
ASIC To Investigate ASX Crash
Will Tim Cook Stay At Apple? $160 Million In Stock Says Yes
US BlackBerry 5G With Android Coming After TCL Give Up Licence
Alcatel Release $199 ā€˜3Lā€™ With 48MP Triple Camera