Two Reasons Why BlackBerry Stock Is Tanking Despite Mostly Positive Reviews

RELATED QUOTES

SymbolPriceChange
BBRYF24.250.00
BBRY7.34-0.02

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.


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