Thursday, February 5th, 2015

RIM Stock Tanks As CEO Balsillie Plays Down Q1 Worries

RIM Stock Tanks As CEO Balsillie Plays Down Q1 Worries
Research in Motion’s stock got clobbered after the bell on Thursday, diving more than 10% in afterhours trading.  Despite posting fourth quarter revenue growth of 36% and net income expanding by 31.5%, investors seemed to be concerned about the BlackBerry maker’s weak first quarter guidance.  CEO Jim Balsillie joined the post-earnings conference call, informing analysts that he was very excited …

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