RIM shares soar after profit report
Shares of BlackBerry maker Research In Motion jumped more than 20 percent on Friday, a day after the company surprised investors with a strong profit report and a rosy outlook for its smartphones despite a grim economy.
RIM shares rose C$13.61 to C$74.60 on the Toronto Stock Exchange shortly after the opening bell. On the Nasdaq, the stock shot up $10.29 to $59.38.
($1=$1.24 Canadian)
(Reporting by Wojtek Dabrowski; editing by Peter Galloway)
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