Roaring Kitty’s Return Sparks 16% Surge in BB Stock Amid Meme Stock Rally
BB stock is surging 16% today as meme stock rally returns with Roaring Kitty leading the charge. Roaring Kitty’s reappearance has reignited interest in meme stocks like BlackBerry (BB), sparking hopes for significant gains in 2024. Heavy trading in BB shares today with over 44 million shares exchanged, well above the daily average volume. Stay informed on trending stocks like SunPower (NASDAQ:SPWR), AMC Entertainment (NYSE:AMC), and Cinemark (NYSE:CNK) for more market news.
BlackBerry Surprises Investors with Profit in Latest Quarter
BlackBerry surprises investors with a profitable quarter driven by cybersecurity and internet-of-things sales growth. Despite a loss, the company’s adjusted earnings and revenue exceed expectations. With a strategic shift away from smartphones, BlackBerry anticipates future growth in its new focus areas.