BlackBerry (BB) closed at $2.77 in the latest trading session, marking a +0.36% move from the prior day.
In recent weeks, many if not most software stocks have fallen sharply. Providing evidence for that assertion, the iShares Expanded Tech-Software ETF (NYSEMKT:IGV) sank from $85.13 on May 20 to $80.43 on Jun. 7. In my view, the decline was mainly due to two factors. First, a handful of software makers, including customer relationship management giant Salesforce (NYSE:CRM) and identity management player Okta (NASDAQ:OKTA), reported financial results that disappointed the Street. And second, most l
Hedge funds have become wary of retail investors and have incorporated more social listening to manage the risk associated with short positions. But there’s still plenty of opportunity for meme stock rallies to emulate the success of old favorites. The following are likely to play a key role in a meme stock resurgence this year. GameStop (GME) Source: Urban Images / Shutterstock.comMany stocks have been the subject of meme investor interest. But none have managed to become so synonymous with the