BlackBerry Stock Falls despite Earnings and Revenue Beat
BlackBerry (BB) stock fell 12.5% in the week ended June 22 to close at $10.67. BlackBerry stock is trading 26.0% above its 52-week low of $8.47 and 27.0% below its 52-week high of $14.55. BlackBerry reported revenues of $217.0 million in the fiscal first quarter of 2019 with EPS of $0.03.