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 $ 16.13 0.26 ▼ 1.59%
FB $ 59.72 0.63 ▲ 1.07%
YHOO $ 36.35 2.14 ▲ 6.26%
INTC $ 26.93 0.16 ▲ 0.60%
SIRI $ 3.17 0.08 ▲ 2.59%
QQQ $ 86.18 1.13 ▲ 1.33%
AA $ 13.42 0.37 ▲ 2.84%
GE $ 26.12 0.30 ▲ 1.16%

As of 4/16/2014, 04:05 PM
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