Shares of BlackBerry Ltd. rallied after hours on Monday after the security software provider said its board would begin a review of the company’s business...
Shares of BlackBerry Ltd. BB rallied after hours on Monday after the security software provider said its board would begin a review of the company’s business segments — a move intended to help the board weigh strategic alternatives, including “the possible separation of one or more of BlackBerry’s businesses.” The company said the move was intended to “evaluate opportunities to further enhance shareholder value.” Shares rose 7.5% after hours.
BB rallied after hours on Monday after the security software provider said its board would begin a review of the company’s business segments — a move intended to help the board weigh strategic alternatives, including “the possible separation of one or more of BlackBerry’s businesses.” The company said the move was intended to “evaluate opportunities to further enhance shareholder value.” Shares rose 7.5% after hours.
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