Shares of BlackBerry Ltd. /zigman2/quotes/202784246/composite BB -3.98% slid 6.34% to $10.48 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.28% falling 0.82% to 4,646.71 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.29% falling 0.66% to 36,079.94. This was the stock's second consecutive day of losses. BlackBerry Ltd. closed $18.29 short of its 52-week high ($28.77), which the company reached on January 27th.
The stock underperformed when compared to some of its competitors Wednesday, as CrowdStrike Holdings Inc. Cl A /zigman2/quotes/212513426/composite CRWD +1.54% fell 3.96% to $281.56, VMware Inc. /zigman2/quotes/209864107/composite VMW +1.17% fell 3.10% to $124.95, and Citrix Systems Inc. /zigman2/quotes/206700852/composite CTXS +5.16% fell 1.45% to $89.04. Trading volume (9.0 M) remained 811,310 below its 50-day average volume of 9.8 M.