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Feb. 24, 2021, 5:03 p.m. EST

BlackBerry Ltd. stock outperforms competitors on strong trading day

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Shares of BlackBerry Ltd. BB rallied 8.85% to $11.32 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.14% to 3,925.43 and the Dow Jones Industrial Average DJIA rising 1.35% to 31,961.86. The stock's rise snapped a six-day losing streak. BlackBerry Ltd. closed $17.45 below its 52-week high ($28.77), which the company reached on January 27th.

The stock outperformed some of its competitors Wednesday, as CrowdStrike Holdings Inc. Cl A CRWD fell 0.82% to $216.60, VMware Inc. VMW rose 1.79% to $146.76, and Citrix Systems Inc. CTXS rose 0.14% to $137.00. Trading volume (37.2 M) remained 18.2 million below its 50-day average volume of 55.4 M.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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