Advertisement
Canada markets open in 6 hours 40 minutes
  • S&P/TSX

    22,259.47
    +312.06 (+1.42%)
     
  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     
  • DOW

    38,852.27
    +176.59 (+0.46%)
     
  • CAD/USD

    0.7309
    -0.0013 (-0.17%)
     
  • CRUDE OIL

    78.56
    +0.08 (+0.10%)
     
  • Bitcoin CAD

    87,105.04
    -845.35 (-0.96%)
     
  • CMC Crypto 200

    1,363.92
    -1.20 (-0.09%)
     
  • GOLD FUTURES

    2,329.50
    -1.70 (-0.07%)
     
  • RUSSELL 2000

    2,060.67
    +24.95 (+1.23%)
     
  • 10-Yr Bond

    4.4890
    -0.0110 (-0.24%)
     
  • NASDAQ futures

    18,179.75
    -15.75 (-0.09%)
     
  • VOLATILITY

    13.49
    0.00 (0.00%)
     
  • FTSE

    8,213.49
    +41.34 (+0.51%)
     
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • CAD/EUR

    0.6788
    -0.0004 (-0.06%)
     

Two Reasons Why BlackBerry Stock Is Tanking Despite Mostly Positive Reviews

Despite mostly positive reviews for its new flagship phone from the big gadget gurus, BlackBerry stock has tanked over the past couple days.

Bloomberg talked to a bunch of analysts, and they say there are two big reasons why:

  • BlackBerry hasn't said when the phone will go on sale in the US.

  • The phone will cost $149 or $199, much more than lots of Android phones, which cost $99, $49, or nothing.



More From Business Insider