BlackBerry shares tumble - Times LIVE
Sun Apr 30 10:55:15 SAST 2017

BlackBerry shares tumble

Reuters | 2013-02-15 02:25:30.0

Shares of BlackBerry slipped yesterday after its former co-CEO, Jim Balsillie, disclosed that he had sold his once-sizable stake in the embattled smartphone maker.

In a regulatory filling yesterday, Balsillie said that by the end of last year he had sold his entire stake in the company. Balsillie, who resigned a year ago, owned about 26.8million shares, or a 5% stake in the company, as of December 31 2011. BlackBerry shares were down 3.4% at $13.52 in early trading.


If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.