Blackberry Shares Jump 14%, Markets Continue to Move Higher $BBRY Negative Rating

blackberry-share-closing-at-day-high US stock markets continued to move higher with S&P 500 recording a seven day winning streak and Dow Jones grinding to a new all-time high.

S&P 500 up 0.37%, Nasdaq up 0.26% and Canadian TSX up 0.17% as gold and petroleum prices remained flat on the day.

Big mover, winner of the day were Blackberry shares which jumped up 14% closing at $14.81 per share on Nasdaq on the debut of the Z10 handset and continued (old) rumors of take-over by Lenovo computers and or others.

SiAlpha has a NEGATIVE rating on Blackberry shares in the short and medium term.

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