BlackBerry Shares Sink On Lazaridis Letdown - Presented by: The Aol. On Network

Evidently some folks really did believe BlackBerry co-founder Mike Lazaridis was going to swoop in like a deus ex machina and return the dilapidated smartphone pioneer to its former glory. Shares in the sadly diminished company closed down nearly nine percent at $7.05 on the revelation that Lazaridis has abandoned his, let’s face it, largely fantastical bid for the company , and reduced his combined stake with co-founder Doug Fregin to below five percent from eight percent.



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Company Last Sale Change Net / %
BAC $ 12.95 0.30 ▼ 2.26%
FB $ 104.07 6.42 ▼ 5.81%
FCX $ 5.68 0.04 ▼ 0.70%
QQQ $ 98.12 3.53 ▼ 3.47%
MSFT $ 50.16 1.84 ▼ 3.54%
SIRI $ 3.42 0.09 ▼ 2.56%
GE $ 28.54 0.64 ▼ 2.19%
COP $ 32.90 2.42 ▼ 6.85%

As of 2/5/2016, 04:15 PM

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