BlackBerry’s Price Surge Hints at Good News on the Horizon

With BlackBerry (NYSE:BB) stock rebounding strongly on high trading volume, I think very good news for the company will soon be reported. BE stock climbed 5.2% on Aug. 23 to $10.14, far outpacing the gains of the S&P 500 and Nasdaq exchanges. It’s up nearly 10% today.

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Meanwhile, BlackBerry could actually greatly benefit from an event that appears to be adverse to its interests. Additionally, a key research firm recently became much less bearish on on BB stock. These factors could continue to push the stock upward in the coming days.


Here's Why ProQR Stock Surged on Thursday

What happened

Shares of ProQR Inc. (NASDAQ:PRQR), a clinical-stage biopharmaceutical company, soared 28% Thursday morning after announcing a new collaboration deal with Eli Lilly (NYSE:LLY). Excitement for the deal cooled off in the afternoon, and the stock finished the day 12.5% higher.

So what 

Eli Lilly agreed to pay ProQR up to $1.3 billion to develop RNA editing drugs aimed at up to five separate therapeutic targets. The deal is heavily backloaded with just $50 million upfront and approximately $1.25 billion in potential milestone payments.