Research In Motion Stock Gaps Down On Today's Open (BBRY)
Shares of Research in Motion (Nasdaq:BBRY) were gapping down Friday morning with an open price 26% lower than Thursday's closing price. The stock closed at $14.48 yesterday and opened today's trading at $10.71.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Shares of Research in Motion (Nasdaq: BBRY) were gapping down Friday morning with an open price 26% lower than Thursday's closing price. The stock closed at $14.48 Thursday and opened today's trading at $10.71.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
The average volume for Research in Motion has been 25.3 million shares per day over the past 30 days. Research in Motion has a market cap of $7.82 billion and is part of the technology sector and telecommunications industry. Shares are up 25.6% year to date as of the close of trading on Thursday. Research In Motion Limited, doing business as BlackBerry, engages in the design, manufacture, and marketing of wireless solutions worldwide. TheStreet Ratings rates Research in Motion as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and weak operating cash flow. You can view the full Research in Motion Ratings Report. Get more investment ideas from our investment research center. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..