BlackBerry shares up nearly 18% after buyout announcements
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Shares of the former smartphone maker BlackBerry rose 18.06% in trading yesterday, August 25, according to stock data provided by the platform. Investing. The cost of one share reached $5.23 in the main session, in the evening trading – $5.3, adding another 1.34%. Forbes drew attention to this.
As a result of trading on August 25, the company’s market capitalization reached $ 3.05 billion, follows from the data of the platform.
The value of BlackBerry securities rose sharply after Reuters, citing a source, said that investment company Veritas Capital made an offer to buy BlackBerry. According to the agency, BlackBerry is also in talks with other buyers.
Before 2016 BlackBerry produced smartphones of the same name, in 2022 the company stopped supporting them. They were popular in the 2000s, and then their sales fell due to high competition from other smartphones. Now the company is engaged in software development.
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