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Why BlackBerry Shares Are Getting Hammered Today

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Benzinga
Benzinga
 2021-06-16

BlackBerry Ltd (NYSE:BB) shares are trading lower by 9% at $12.74 Wednesday afternoon. Weakness appears related to overall market weakness as well as investors watching for possible policy shifts this afternoon and the central bank's plan, or not, to handle inflation. Investors are also watching for news on interest rates, as a rise in rates could weigh on growth and technology stocks.

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