Monday, January 23, 2012

RIM stock pre market trading january 23 2012

RIM stock pre market trading january 23 2012 : Shares of BlackBerry maker Research in Motion (TSX:RIM) moved ahead nearly three per cent in pre-market trading as investors reacted to the departure of longtime co-CEOs Jim Balsillie and Mike Lazaridis. The company's shares (NASDAQ:RIMM) were up 50 cents to US$17.50 on the Nasdaq early Monday before markets opened.


Shares in RIM were once so highly priced it was briefly Canada's most valuable company, worth more than $70 billion, but it's market capitalization is now around $9 billion. In December, RIM reported third-quarter net profits of US$265 million, well below the $911 million for the same period a year before. For the latest updates on the stock market, visit Stock Market Today
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