20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
BlackBerry Limited (NYSE:BB) on Monday named a new CEO, announced it will fully separate its IoT and Cybersecurity businesses and will no long pursue a subsidiary IPO of its IoT business.
What To Know:
On Monday, the company announced that John J. Giamatteo was appointed as the new CEO and as a member of BlackBerry's Board of Directors, effective immediately.
Additionally, the company stated that the IoT and Cybersecurity business units will become standalone divisions of company. The company said it will no longer pursue a subsidiary IPO of IoT business.
Monday's news comes ahead of the company's third-quarter earnings, to be released on Dec. 20. BlackBerry is expected to report quarterly losses of three cents per share and revenue of $172.36 million.
Related Link: A Slew Of REIT Downgrades Start The Week On A Sour Note
BB Price Action: Shares of BB closed down 0.49% at $4.10, according to Benzinga Pro.
Image by Niek Verlaan from Pixabay
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!