HomeNewsTechnologyAfter big rally, RIM selling off before launch

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
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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 launch Click here for full story

first published: Jan 30, 2013 09:31 am

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