BlackBerry (BB) closed the most recent trading day at $2.81, moving +0.72% from the previous trading session. This change outpaced the S&P 500's 0.02% loss on the day. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, lost 0.09%.The the stock of cybersecurity software and services company has fallen by 2.45% in the past month, lagging the Computer and Technology sector's gain of 8.04% and the S&P 500's gain of 4.59%.Analysts and investors alike will be keeping a close eye on the performanc ...

Core Insights - Over 75 percent of software supply chains experienced cyberattacks in the past year, highlighting significant vulnerabilities in cybersecurity practices [1][4] - The study indicates that companies are struggling with visibility and monitoring of their software supply chains, which is critical for managing cybersecurity risks [2][3] Group 1: Cybersecurity Breaches and Recovery - 51 percent of companies managed to recover from a breach within a week, a slight decrease from 53 percent two years ago, while nearly 40 percent took a month to recover, an increase from 37 percent [2] - 74 percent of attacks originated from supply chain members that companies were unaware of or not monitoring prior to the breach [2] - Financial loss (64 percent), data loss (59 percent), reputational damage (58 percent), and operational impact (55 percent) were significant consequences of these breaches [2] Group 2: Confidence in Supply Chain Security - 68 percent of respondents expressed "very confident" feelings regarding suppliers' ability to identify and prevent vulnerabilities, while 63 percent felt the same about compliance practices [3] - 41 percent of companies conduct quarterly inventories of their supply chain partners for cybersecurity compliance, requesting proof such as a software bill of materials (SBOM) [3] - Barriers to regular software inventories include lack of technical understanding (51 percent), lack of visibility (46 percent), and lack of effective tools (41 percent) [3] Group 3: Consumer Communication and Impact - 78 percent of companies are tracking the impact of cyberattacks, but only 65 percent are informing customers about these incidents [4] - Concerns about negative impacts on corporate reputation (51 percent) and insufficient staff resources (45 percent) were the main reasons for not informing customers [4] Group 4: Vulnerable Components and Notification Times - The most vulnerable components identified were operating systems (27 percent) and web browsers (21 percent) [5] - Expected notification times for breaches include 34 percent within four hours, 46 percent within 24 hours, and 18 percent within 1-3 days [5] - 66 percent of respondents believe that suppliers' cybersecurity policies are of comparable strength, while 30 percent think they are stronger [5]

Among the thousands of names in “penny stock territory” (stocks trading for $5 per share or less), there may be a handful where the potential rewards outweigh high volatility and risk. However, against this small group of strong opportunities are scores and scores of penny stocks to avoid.Interestingly, many of the top names you should avoid are this category’s largest, most heavily traded stocks. They lack what they have in name recognition in fundamentals or promising future prospects.As you may have gues ...

Core Insights - Pairwise has developed the world's first seedless blackberry using its proprietary Fulcrum™ Platform, marking a significant achievement in genetics-based innovation in food and agriculture [1][2] - The seedless blackberry is expected to transform the blackberry market and facilitate advancements in seedless varieties of other fruits, such as cherries [2] - The new blackberry variety is consistently sweet, holds up well during shipment, and addresses consumer preferences, as over 30% of berry buyers dislike seeds [3] Company Innovations - Pairwise has also edited the blackberry variety to eliminate thorns and create a more compact plant, enhancing harvest efficiency and productivity for growers [3][4] - The compact and thornless traits contribute to a more sustainable food system by reducing food waste and improving growers' economics [4] - The company aims to advance these innovations into outdoor field trials and plans to make them available to the public in a few years [4] Market Context - Recent innovations in produce have been rapidly adopted due to benefits such as improved flavor, consistency, and convenience for consumers [2] - Pairwise's mission includes increasing the consumption of high-quality, nutritious foods by providing new options with enhanced flavor and convenience [4] - The company has raised a total of $115 million, with $90 million from a series B funding round in February 2021, indicating strong investor confidence in its potential [5]

As a general rule of thumb, investors should stay away from meme stocks to avoid. Once a company becomes genuinely classified as a meme stock, an entire community of online traders can leverage communication and aggregate resources to manipulate a stock’s value. Sometimes, it can be as simple as posting a meme about leaning forward when you take gaming more seriously, like in the case of the famed “Roaring Kitty.”However, the presence of meme stocks is likely emblematic of a deeper problem in American socie ...

Company Performance - BlackBerry's stock closed at $2.88, reflecting a +1.41% increase from the previous day, outperforming the S&P 500's gain of 0.7% [1] - Over the past month, BlackBerry shares have appreciated by 2.16%, underperforming the Computer and Technology sector's gain of 8.26% and the S&P 500's gain of 4.03% [1] - The upcoming earnings disclosure is anticipated, with a forecasted EPS of -$0.04, indicating a 166.67% decline from the same quarter last year [1] - For the full year, analysts expect earnings of -$0.03 per share and revenue of $615 million, representing changes of -160% and -27.9% from the previous year [1] Analyst Projections - Recent shifts in analyst projections for BlackBerry are important for investors, as positive estimate revisions indicate optimism about the company's business and profitability [2] - The Zacks Rank system, which includes estimate changes, currently ranks BlackBerry as 1 (Strong Buy), with a historical average annual return of +25% for 1 ranked stocks since 1988 [2] - The Zacks Consensus EPS estimate for BlackBerry has remained steady over the past month [2] Industry Overview - The Computer - Software industry is part of the Computer and Technology sector, holding a Zacks Industry Rank of 53, placing it in the top 22% of over 250 industries [3] - The Zacks Industry Rank measures the strength of industry groups by evaluating the average Zacks Rank of individual stocks within those groups, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [3]

The most recent trading session ended with BlackBerry (BB) standing at $2.96, reflecting a -1.66% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.25% for the day. On the other hand, the Dow registered a gain of 0.17%, and the technology-centric Nasdaq increased by 0.23%.The cybersecurity software and services company's stock has climbed by 7.5% in the past month, falling short of the Computer and Technology sector's gain of 11.73% and outpaci ...

Group 1 - Proactive specializes in providing fast, accessible, and informative business and finance news to a global investment audience [1][2] - The company covers a wide range of sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [2] - Proactive employs both human content creators with extensive experience and technology to enhance workflows, including the use of automation and generative AI [2] Group 2 - The company has a strong focus on medium and small-cap markets while also keeping its audience informed about blue-chip companies and broader investment stories [2] - Proactive's news team operates from key financial hubs around the world, including London, New York, Toronto, Vancouver, Sydney, and Perth [1]

BlackBerry (NYSE:BB) stock is a hot topic on Tuesday as the company’s shares are taking off on Tuesday alongside the return of Roaring Kitty.Roaring Kitty is the trader who kicked off the meme stock rally in 2021 with his coverage of GameStop (NYSE:GME) shares. This spread to other stocks that meme traders latched onto, including Blackberry.Roaring Kitty went quiet in 2021 during the meme stock rally. However, he returned over the weekend. This saw shares of meme stock rise on Monday. Roaring Kitty has cont ...

After GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC) made headlines with significant price increases in a short time during a massively bullish rally, another short-squeezed meme stock is back in town, and its name is BlackBerry (NYSE: BB).As it happens, BlackBerry stock has joined GameStop and AMC shares in recording unusually high options trading activity, with stock traders buying over 75,000 call options of BB stock, over 350% above its average daily volume, preceding an impressive increase in t ...