Why BlackBerry (BB) Stock Is Moving

BlackBerry Ltd LTD shares are trading lower by 3.15% to $5.06 Monday morning, pulling back following Friday's strength. The stock gained Friday amid a Bloomberg report suggesting Veritas is possibly considering a takeover offer for BlackBerry.

What Else?

In May, BlackBerry shared plans to review its portfolio of businesses and consider strategic alternatives to boost shareholder value with other options, including a possible separation of some companies.

BlackBerry commands attention for its cybersecurity software and “Internet-of-Things” products that are higher growth and used by the auto industry...Read More

According to data from Benzinga Pro, BlackBerry has a 52-week high of $6.26 and a 52-week low of $3.17.