NASDAQ:RIMM – Blackberry Maker RIM Cutting 2000 Jobs, Stock Plummets

July 25, 2011 by Brett Reilly

RIM, the maker of Blackberry and the Playbook tablet, announced major layoffs today as it struggles to compete against the iPhone and Android OS. This announcement has sent the stock tumbling on the NASDAQ. RIM shares (NASDAQ:RIMM) are down right now -0.91 (-3.26%) at 27.00. Blackberry maker RIM continues to struggle to keep up in the fast moving ...

NASDAQ:RIMM, Wall Street Not Impressed With Blackberry Playbook

September 28, 2010 by Brett Reilly

Well it didn't take long for us to learn how Wall Street felt about RIMM's new Blackberry Playbook tablet. No sooner did the stock market open this morning did RIMM shares (NASDAQ:RIMM) start nose diving. RIMM shares are currently down -3.64% or -1.76 points at $46.60 per share. Not sure exactly what Wall Street didn't ...