BlackBerry Jumps 17% After QNX and Security Update
BlackBerry Ltd. shares rose over 16% on Friday, hitting new 52-week highs on both the Toronto and New York exchanges. Investors came back to the Canadian software group’s auto and secure-comms business. Shares in Toronto were at CA$10.69, up 16.45% at 12:39 p.m. ET, after touching a high of CA$10.93. The U.S.-listed stock traded at $7.78, up 16.99%, as of 12:05 p.m. ET. Trading volumes were strong in Toronto. Google Finance put volume at 4.65 million shares, just under the 4.73 million average.