Research In Motion Ltd (RIMM): Today's Featured Telecommunications Loser

Research in Motion ( RIMM) pushed the Telecommunications industry lower today making it today's featured Telecommunications loser. The industry as a whole closed the day down 0.2%. By the end of trading, Research in Motion fell 43 cents (-5.3%) to $7.67 on heavy volume. Throughout the day, 33 million shares of Research in Motion exchanged hands as compared to its average daily volume of 19.6 million shares. The stock ranged in price between $7.64-$8.32 after having opened the day at $7.99 as compared to the previous trading day's close of $8.10. Other company's within the Telecommunications industry that declined today were: Ambient Corporation ( AMBT), down 10.5%, eOn Communications Corporation ( EONC), down 8.1%, Vocera Communications ( VCRA), down 7.2%, and Elephant Talk Communications ( ETAK), down 7%.

Research In Motion Limited designs, manufactures, and markets wireless solutions for the mobile communications market worldwide. Research in Motion has a market cap of $4.03 billion and is part of the technology sector. Shares are down 44.1% year to date as of the close of trading on Friday. Currently there is one analyst that rates Research in Motion a buy, 14 analysts rate it a sell, and 21 rate it a hold.

TheStreet Ratings rates Research in Motion as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.

On the positive front, MERU Networks ( MERU), up 11.7%, NTS ( NTS), up 8.9%, Alvarion ( ALVR), up 6.7%, and RIT Technologies ( RITT), up 6.5%, were all gainers within the telecommunications industry with Crown Castle International ( CCI) being today's featured telecommunications industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider iShares Dow Jones US Telecom ( IYZ) while those bearish on the telecommunications industry could consider ProShares Ult Sht Telecommunication ( TLL).

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