BlackBerry Ltd. stock outperforms market on strong trading day

BlackBerry Ltd. stock outperforms market on strong trading day

Shares of BlackBerry Ltd. BB, +9.47% advanced 9.47% to $11.10 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.15% rising 0.15% to 4,486.23 and the Dow Jones Industrial Average DJIA, +0.09% rising 0.09% to 35,366.26. This was the stock’s third consecutive day of gains. BlackBerry Ltd. closed $17.67 short of its 52-week high ($28.77), which the company reached on January 27th.

The stock outperformed some of its competitors Tuesday, as CrowdStrike Holdings Inc. Cl A CRWD, +8.07% rose 8.07% to $265.63, VMware Inc. VMW, -0.56% fell 0.56% to $156.90, and Citrix Systems Inc. CTXS, +0.19% rose 0.19% to $102.59. Trading volume (24.1 M) eclipsed its 50-day average volume of 13.4 M.

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