BlackBerry stock climbs to $7.79 after a 4.85% drop on Monday, halting a week-long decline in afternoon trading.
BlackBerry shares gained 1.83% to $7.79 in Tuesday afternoon trading, reversing a seven-session losing streak. The software company’s stock had fallen 4.85% to close at $7.65 on Monday.
The decline followed a broader downturn in tech stocks, though BlackBerry’s rebound aligns with modest sector recovery. No specific catalyst was cited for the move, which remains within recent volatility ranges.
Trading volume and market reaction were not immediately disclosed, leaving the sustainability of the gain unclear.