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.
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.