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November 27, 2012 06:58 pm GMT

RIMs Stock Up 55% in Past 30 Days on BlackBerry 10 Optimism


Investors have taken a second look at RIM's prospects and have given the company a vote of confidence, sending the company's stock price up 55% in the past 30 days.

The optimism, which includes a one-day rally Friday that boosted the company's stock price 14%, appears to be based on early reviews of the company's upcoming BlackBerry 10 mobile platform. RIM has shipped two devices based on BlackBerry 10 to 50 wireless carriers, according to The Wall Street Journal. Analysts, reporters and some customers have also seen prototypes of the new phones, which are set to hit the market on Jan. 30.

Some financial analysts like what they see. For instance, CIBC World Markets analyst Todd Cou…
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More About: BlackBerry 10, RIM


Original Link: http://feeds.mashable.com/~r/Mashable/~3/HCBDAX9kzsY/

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