BlackBerry Ltd BB emerged as among the most discussed stonks on WallStreetBets Thursday after it was awarded a technology innovation award by Frost & Sullivan.
What Happened: BlackBerry’s event management solution AtHoc was presented the 2021 Technology Leadership Award for safe city solutions by research and consulting firm Frost & Sullivan, as per a statement released Thursday.
Posters on WallStreetBets took note of the development as the press release announcing the award was shared on the forum attracting hundreds of comments.
On Thursday, BlackBerry shares closed 4.89% in the regular session at $13.51 and rose another 3.63% in the after-hours trading to $14.
Why It Matters: BlackBerry attracted 1,008 mentions on WallStreetBets on Thursday, making it the third most discussed stonk. AMC Entertainment Holdings Inc AMC and Clean Energy Fuels Corp CLNE were the most discussed with 1,393 and 1,374 mentions respectively, as per Quiver Quantitative data.
At the beginning of the month, BlackBerry was mentioned in several posts as the frenzy around AMC began to cool off.
Posters on the forum appreciated developments related to the company’s QNX and IVY software as well as an upcoming 5G phone.
Read Next: Is Arrival Becoming A Short Squeeze Target? WallStreetBets Post Sends Shares Soaring
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
