Shares of BlackBerry Ltd. BB shed 3.96% to $9.45 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.95% to 3,841.94 and the Dow Jones Industrial Average DJIA rising 1.85% to 31,496.30. This was the stock's fourth consecutive day of losses. BlackBerry Ltd. closed $19.32 short of its 52-week high ($28.77), which the company reached on January 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as CrowdStrike Holdings Inc. Cl A CRWD fell 5.11% to $183.12, VMware Inc. VMW rose 3.47% to $143.89, and Citrix Systems Inc. CTXS rose 3.34% to $135.47. Trading volume (23.7 M) remained 32.9 million below its 50-day average volume of 56.5 M.