BlackBerry Shares Popped Almost 20% After Earnings. BB Stock Is Finally More Tha
When a once‑famous tech name posts an earnings beat that sends the stock up double digits, people pay attention. BlackBerry's (BB) shares jumped 19.95% after it
When a once‑famous tech name posts an earnings beat that sends the stock up double digits, people pay attention. BlackBerry's (BB) shares jumped 19.95% after its June 25 earnings report, even though the stock is still more than 60% below levels from twenty years ago. The company reported revenue of $152.9 million, up 25.6% year‑over‑year (YOY), which suggests its shift toward software might finally be gaining real traction.
Those numbers have turned what was mostly a nostalgia ticker into a real turnaround debate. For a company still tied in many minds to its old smartphone days, a double‑digit post‑earnings move and steadily better fundamentals naturally raise a big question for investors. Is this the point where years of transformation finally start to pay off, or just another quick spike that fades away?
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Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/blackberry-shares-popped-almost-20-130002212.html)
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