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Shares of BlackBerry Ltd. (BB.T) slid 5.45% to $5.72 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.72% to 3,873.33 and Dow Jones Industrial Average falling 0.45% to 30,822.42. The stock's fall snapped a two-day winning streak. BlackBerry Ltd. closed $6.67 short of its 52-week high ($12.39), which the company achieved on November 3rd.
The stock underperformed when compared to some of its competitors Friday, as CrowdStrike Holdings Inc. Cl A (CRWD) fell 4.39% to $171.01, VMware Inc. (VMW) fell 1.08% to $112.44, and Citrix Systems Inc. (CTXS) fell 0.08% to $103.53. Trading volume (5.4 M) eclipsed its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 16, 2022.
(END) Dow Jones Newswires
September 16, 2022 16:39 ET (20:39 GMT)
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