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After big rally, RIM selling off before launch

Research In Motion investors are turning skittish ahead of Wednesday's critical launch of the company's much-delayed new BlackBerrys...

January 30, 2013 / 09:45 IST

Research In Motion investors are turning skittish ahead of Wednesday's critical launch of the company's much-delayed new BlackBerrys.The sell-off in RIM shares this week follows a months-long rally. The company's stock had nearly tripled from a nine-year low in September after favorable reviews on blogs and financial analysts started to see some possibility of a comeback.The BlackBerry, pioneered in 1999, has been the dominant smartphone for on-the-go business people and had also crossed over to consumers.RIM seems to be turning skittish close to the launchClick here for full story

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first published: Jan 30, 2013 09:31 am

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