rim stock price outlook october 26 2011

Research In Motion Limited (USA) (NASDAQ: RIM) fell -5.19%, to close at $22.27 and its overall traded volume was 14.70M shares during the last session against its average volume of 25.14M. RIMM opened at $23.47 and is trading within the range of $22.04-$23.47. The 52-week range of the stock is $19.29-$70.54.

The market capitalization of the company stands at $11.67B and it has 524.00M outstanding shares. Research In Motion Limited (RIM) is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market

RIM provides platforms and solutions for access to information, including e-mail, voice, instant messaging, short message service (SMS), Internet and intranet-based applications and browsing. RIM’s portfolio includes the BlackBerry wireless solution, the RIM Wireless Handheld product line, software development tools and other software and hardware. On June 2, 2010, Harman International sold its software operating systems unit, QNX Software Systems, to the Company. On March 25, 2011, RIM purchased 100% of the shares of a company whose technology is being incorporated into the Company’s developer tools. On April 26, 2011, the Company purchased certain assets of a company whose acquired technologies will be incorporated into the Company’s products. In June 2011, the Company acquired Scoreloop. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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