BB - BlackBerry Stock: 4 Considerations Ahead Of Its Q1 2025 Earnings

2024-06-24 16:25:27 ET

Summary

• BlackBerry Limited had a chance to raise millions of dollars but did not do so in the quarter.
• Ahead of the quarterly report, shares dropped below the 50-day moving average after a GME meme-inspired rally, down 16.5% in the last quarter.
• Investors expressed concerns ahead of BlackBerry Limited's Q1 results.

Ahead of posting first-quarter fiscal year 2025 results post-market on June 26th, BlackBerry Limited ( BB ) shares broke below the 50-day simple moving average near $3.00. After spiking above $3.50 on May 14, 2024, thanks to the GameStop ( GME ) meme-inspired rally, BB stock is down by 16.5% in the last quarter....

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