Shares of BlackBerry Ltd. BB rallied 8.56% to $10.91 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 2.38% to 3,901.82 and the Dow Jones Industrial Average DJIA rising 1.95% to 31,535.51. The stock's rise snapped a two-day losing streak. BlackBerry Ltd. closed $17.86 short of its 52-week high ($28.77), which the company reached on January 27th.
The stock outperformed some of its competitors Monday, as CrowdStrike Holdings Inc. Cl A CRWD rose 3.43% to $223.40, VMware Inc. VMW rose 1.59% to $140.41, and Citrix Systems Inc. CTXS rose 3.80% to $138.65. Trading volume (24.8 M) remained 32.0 million below its 50-day average volume of 56.8 M.