Research In Motion’s Stock Takes A Dip
After Reaching an all-time high a week or so ago, Research in Motions stock (symbol RIMM) has taken a bit of a dip over the passed few days.
Just yesterday RIM’s stock fell 6.3% and is down another 2.5% today at the time of this posting.
What do you think is causing the slide?
Written by Robb Dunewood on November 16th, 2007 with
5 comments.
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#2. November 16th, 2007, at 10:23 PM.
The market is having jitters largely due to the subprime mortgage mess and the rising price of oil. RIM’s stock has declined along with just about all other stocks. It reflects worries about the macroeconomy, and not anything specific to RIM.