Will BlackBerry Ltd BBRY be able to stem the tide of fleeing customers?
Blackberry is now an intellectual property company and investors are focusing on it simply because of its legacy and its low price, says Jim Cramer.
Blackberry's (BBRY) stock rating was raised to 'neutral' at Macquarie on Thursday as the company moves away from hardware manufacturing.
BlackBerry sharply rose after announcing it was getting out of the business of developing and manufacturing smartphones. Amazon trended higher after a favorable research note from Nomura.
A largely unexpected production freeze agreement between major oil-producing countries sent stocks and crude into rally mode late in the session.