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RIMS Stock Hits Lowest Point In Close To A Decade

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Dave Forde
June 4, 2012
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Last week’s about RIM’s financial trouble hitting the market, as part of it, RIM’s CEO announced early warnings the company would not meet its quarter end forecast quarter.  He also announced that the phone manufacture hired outside organizations to evaluation its options.   Today we now see that RIM has hit a new low as the company was trading at single-digit numbers, this marks the lowest it has trading at in close to a decade.  As of late this afternoon the stock has climbed back up to around $10.03, but did hit a low of $9.97 earlier this afternoon.

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Dave Forde
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Dave Forde

Dave “The Connector” Forde has been involved in the marketing, public relations and technology industry across Canada for over 20 years in various sales and marketing roles, he launched The Connected One network of business sites which connects buyers to the right sellers. Profectio and PR In Canada covers news about the marketing and public relations industry each day helping professionals advance their career and businesses. He also serves as an advisor to a number of businesses across the country. Find Dave on LinkedIn and Twitter.


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