Research In Motion Limited (USA) (NASDAQ:RIMM) Is Showing Selling Pressure - VPRT, The Chubb Corporation, PKI
Lakeway, NY -- (SBWIRE) -- 02/01/2013 -- A rash of negative commentary helped Research In Motion Limited (USA)(NASDAQ:RIMM) close with big losses again; shares are now down 26% on the week. Evercore joined Credit Suisse in downgrading BlackBerry, citing steep unsubsidized pricing and limited initial availability for the Z10, and a lack of timing details about the QWERTY-featuring Q10. Canaccord and MKM are also downbeat on BB10's prospects, and shots have been fired at the Z10's low-light camera performance and (Bing-powered) mapping software. Goldman, which upgraded in November, is staying positive.
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