Huge Volume Being Traded In Research In Motion

Research in Motion

shares are having their first good day in what seems like forever. The stock has jumped 3% and is currently trading at $37.80. The volume has been above average in RIMM today, with more than 16.5 million shares already trading hands compared to a 3-month daily average of 13.8 million. RIMM has been beset by significant competitive pressures in 2010 and 2011. The shares are down a whopping 41% in just the last 3 months alone and have lost almost 16% in the last month. Research In Motion Limited (RIM) is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market.