BlackBerry Rises for a Reason - an Expanded Baidu Partnership

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It's always a comfort to investors and analysts when a stock rises for a particular reason.

So it was with BlackBerry (BB) - Get Report, whose shares jumped another 18% on Tuesday, adding to the 28% gain they registered on Monday, after the company announced an expanded partnership with Baidu (BIDU) - Get Report that will see it continue working on automated high-definition mapping software that Baidu uses in its autonomous driving technology.

Shares of the Canadian software company once known for its QWERTY keyboard-enabled mobile phones and even before that, pagers, were up 17.3% at $21.15 in premarket trading after revealing the expanded deal with Baidu, which broadens the company's use of BlackBerry’s operating system in its "Apollo" autonomous driving open platform. 

The gains followed several up days for the technology security and software company, which was part of a group of stocks including GameStop (GME) - Get Report and Express (EXPR) - Get Report receiving heavy mentions on online message boards such as Reddit.

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