Why Is BlackBerry Ltd (NASDAQ: BB) The Best Stock Of The Day?
BlackBerry (BB) was once the largest smartphone manufacturer in the world, but the company is now a software-only outfit providing end-to-end security options for enterprise clients. Because the firm no longer builds cell phones, it works directly with businesses to provide secure communication options.
BlackBerry Ltd (NASDAQ: BB)
Over the last year, BlackBerry has been through several spikes and selloffs. Currently, the stock is recovering from a light selloff at the beginning of June. At press time, a new release is pushing the stock’s price even higher.
Why is BB Moving?
BB is moving due to the launch of Jarvis 2.0, offering a user-friendly SaaS version of the original Jarvis. The new version has more security options, making it easier for end users to customize their security protocols.
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Data for BlackBerry Ltd as of July 26, 2021
Summary of BlackBerry Ltd as of July 26, 2021:
Significant Dates for BlackBerry Ltd:
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Next Earnings Date: September 23, 2021
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Last Earnings Date: June 24, 2021, EPS of $-0.050
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Ex-Dividend Date: –
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Dividend Payment Date: –
Technical Data of BlackBerry Ltd as of July 26, 2021:
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RSI: 38.7495 ⮕ Bullish
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MACD: Signal Line (-0.4129) Over MACD (-0.6354) ⮕ Bullish
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Bollinger Bands: Price ($10.18), 20-Day SMA ($10.8344), Lower Band ($9.51), Upper Band ($12.92) ⮕ Bullish
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