TORONTO, Aug 8 — BlackBerry Ltd shares fell as much as 3.6 per cent in Toronto trade today after brokerage Goldman Sachs issued a “sell” recommendation on the stock, citing concerns about rising competition in its core mobile messaging business.
The stock traded as low as C$11.52 (RM38.93) in Toronto morning trade today, a day after Goldman issued the report.
Canadian markets were closed yesterday for a national holiday.
BlackBerry’s US-listed shares fell 3.6 per cent yesterday. They were little changed today, rising 0.3 per cent. — Reuters
Source: The Malay Mail Online