Shares in Research In Motion closed down Tuesday ahead of the unveiling of its BlackBerry 10 lineup. RIM stock ended the day down 56 cents, or 3.44 per cent, to $15.71 on the Toronto Stock Exchange, following a 7.6 per cent slide Monday.
Once a leader but now derided as a laggard, BlackBerry-maker Research In Motion hopes to regain the confidence of cynical smartphone users this week as the curtain is lifted on its much-anticipated new smartphones.
Research In Motion (TSX:RIM) stock jumped Monday in a second day of heavy trading, rising above $14 a share for the first time since last spring. The BlackBerry maker's stock gained $1.36, or 10.2 per cent, to $14.67 in afternoon trading. That's the highest since RIM stock traded at $14.95 in early April 2012.