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Shares of BlackBerry Ltd. (BB.T) slipped 5.14% to $6.09 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 3.37% to 4,057.66 and Dow Jones Industrial Average falling 3.03% to 32,283.40. The stock's fall snapped a three-day winning streak. BlackBerry Ltd. closed $6.30 below its 52-week high ($12.39), which the company reached on November 3rd.
The stock underperformed when compared to some of its competitors Friday, as CrowdStrike Holdings Inc. Cl A (CRWD) fell 4.13% to $194.56, VMware Inc. (VMW) fell 2.46% to $118.71, and Citrix Systems Inc. (CTXS) fell 0.24% to $102.45. Trading volume (4.5 M) remained 2.0 million below its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 26, 2022.
(END) Dow Jones Newswires
August 26, 2022 16:39 ET (20:39 GMT)
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