• All Share : 49386.71
    UNCHANGED0.00%
    Top 40 : 3488.52
    UNCHANGED0.00%
    Financial 15 : 15386.63
    UNCHANGED0.00%
    Industrial 25 : 61813.16
    UNCHANGED0.00%

  • ZAR/USD : 11.5850
    UNCHANGED0.00%
    ZAR/GBP : 18.0970
    UNCHANGED0.00%
    ZAR/EUR : 14.1529
    UNCHANGED0.00%
    ZAR/JPY : 0.0968
    UP 0.04%
    ZAR/AUD : 9.4303
    UP 0.04%

  • Gold : 1195.8700
    UP 0.04%
    Platinum : 1197.5000
    UP 0.29%
    Silver : 16.1050
    UP 0.16%
    Palladium : 807.0000
    UP 0.31%
    Brent Crude Oil : 61.380
    UNCHANGED0.00%

  • All data is delayed by 15 min. Data supplied by I-Net Bridge
    Hover cursor over this ticker to pause.

Sat Dec 20 17:41:42 SAST 2014

BlackBerry shares tumble

Reuters | 15 February, 2013 02:25
File picture of former RIM CEO Balsillie
Research In Motion Co-Chief Executive Officer Jim Balsillie.
Image by: File picture / REUTERS

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.

SHARE YOUR OPINION

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.