Research in Motion Near Session Lows
With just around a half hour left in the trading week, shares of spiraling Blackberry-maker Research in Motion (NASDAQ: RIMM) are sitting near session lows. At last check, the stock was down a little more than 19% after delivering another terrible quarter and poor guidance on Thursday after the closing bell.
Volume is running well over 3X the daily average and should pick up near the close. A break of session lows in the $7.34 area in RIMM could trigger a further slide in the name.
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