real-time news and commentary for investors
Wednesday, May 30
2012, 9:27 AM
Research In Motion (RIMM) -9.9% thanks to the FQ1 warning included in its "business update."...
Research In Motion (RIMM) -9.9% thanks to the FQ1 warning included in its "business update." Virtually no analyst is willing to express a positive opinion on the company, and most are skeptical a buyer offering a significant premium will emerge. Baird considers it unlikely Microsoft or Facebook would have any interest, while Stene Agee believes a deal at or below current levels might be all RIM receives. Bernstein thinks the BB10 launch "will most likely turn into a disaster."