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Shares of BlackBerry Ltd. (BB.T) sank 0.83% to $9.52 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.05% to 4,345.72 and the Dow Jones Industrial Average rising 0.92% to 34,314.67. This was the stock's third consecutive day of losses. BlackBerry Ltd. closed $19.25 short of its 52-week high ($28.77), which the company reached on January 27th.
The stock underperformed when compared to some of its competitors Tuesday, as CrowdStrike Holdings Inc. Cl A (CRWD) rose 2.53% to $244.92, VMware Inc. (VMW) rose 1.08% to $150.12, and Citrix Systems Inc. (CTXS) rose 0.26% to $106.47. Trading volume (6.2 M) remained 3.2 million below its 50-day average volume of 9.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 5, 2021.
(END) Dow Jones Newswires
October 05, 2021 16:40 ET (20:40 GMT)
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