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Shares of BlackBerry Ltd. (BB.T) shed 1.97% to $4.97 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.03% to 3,655.04 and Dow Jones Industrial Average falling 1.11% to 29,260.81. This was the stock's fifth consecutive day of losses. BlackBerry Ltd. closed $7.42 short of its 52-week high ($12.39), which the company reached on November 3rd.
The stock underperformed when compared to some of its competitors Monday, as CrowdStrike Holdings Inc. Cl A (CRWD) fell 0.65% to $159.35, VMware Inc. (VMW) fell 1.72% to $107.71, and Citrix Systems Inc. (CTXS) rose 0.05% to $103.80. Trading volume (8.0 M) eclipsed its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 26, 2022.
(END) Dow Jones Newswires
September 26, 2022 16:40 ET (20:40 GMT)
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