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January 15, 2013 03:32 am GMT

RIM Stock Jumps 10% on BlackBerry 10 Hype


Investors may have soured a bit on Apple, but they're starting to love Research In Motion.

While Apple's stock struggled to stay above the $500 mark Monday, RIM's stock jumped more than 10%, briefly passing $15 a share for the first time since February of last year before ending the day at $14.95.

RIM's surge is due in part to investor optimism for the long-awaited launch of the BlackBerry 10 operating system and smartphones, which is set to take place at the end of this month.

Reps from Verizon, AT&T and Sprint confirmed last week that they would support RIM's upcoming BlackBerry 10 smartphones, an early positive sign for the company. What's more, on Monday, the company's VP of de…
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More About: BlackBerry 10, rimm, stocks


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

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