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Why Is It Moving? Analyzing The Downward Movement in BlackBerry's Stock Today

December 18, 2020 10:36 am
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Why Is It Moving? Analyzing The Downward Movement in BlackBerry's Stock Today

The Price And Volume Action In BlackBerry's Stock Today

BlackBerry’s (NYSE:BB) stock has been falling Friday, down 10.17% to a price of $7.48. The stock’s current volume for the day is 12.37 million, which is approximately 45.97% of its previous 30-day average volume of 26.92 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: BlackBerry shares are trading lower after the company reported Q3 earnings results.

Insights On Recent Price Action

The stock’s 50-day moving average was $5.87 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $9.69 and fallen to a low of $2.7.

If you’re looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving’ alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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