Shares of BlackBerry Ltd. BB, -5.22% slipped 5.22% to $11.44 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.34% rising 0.34% to 4,358.13 and the Dow Jones Industrial Average DJIA, +0.30% rising 0.30% to 34,681.79. BlackBerry Ltd. closed $17.33 below its 52-week high ($28.77), which the company achieved on January 27th.
The stock underperformed when compared to some of its competitors Wednesday, as CrowdStrike Holdings Inc. Cl A CRWD, +0.96% rose 0.96% to $267.52, VMware Inc. VMW, +0.80% rose 0.80% to $158.02, and Citrix Systems Inc. CTXS, +1.00% rose 1.00% to $117.22. Trading volume (11.9 M) remained 38.7 million below its 50-day average volume of 50.5 M.