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BlackBerry Ltd. shares BB,
climbed 31.1% to an over 9-year high in morning trading on Monday, to extend the spike seen in recent sessions. Trading volume climbed to 180.2 million shares, compared to 31.1 million shares on a full-day average over the past 30 days. The US-listed share of the Canadian cybersecurity software company, which is on track for the highest close since December 2011, rose 42.7% last week, the biggest weekly gain since the week ended Dec. 26, 2003. Stock has now climbed 147.6% on a 7-game winning streak. The company commented on the recent trading of its shares, at the request of the Investment Industry Regulatory Organization of Canada (IIROC): “The company is not aware of any material and undisclosed corporate development and has no no material change in its activities or affairs has not been publicly disclosed, which would explain the recent increase in the market price or trading volume of its common shares. ”The stock climbed 259.6% over the course of the last three months, while the ETFMG Prime Cyber Security ETF HACK,
climbs 28.3% and the S&P 500 SPX,
gained 10.3%.
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