BlackBerry shares buy back as the company says it is “unaware” of the reason for the recent trading activity

Shares of BlackBerry Ltd. BB,
+ 29.70%
rose 31.1% to a 9-year high in Monday morning trades to extend the missile range seen in the past few sessions. The trading volume increased to 180.2 million shares, compared to the all-day average of the last 30 days, of 31.1 million shares. Shares listed in the U.S. by Canadian cybersecurity software company, which is on its highest closing date since December 2011, grew 42.7% higher last week, the highest weekly gain since the week ended December 26, 2003. run 147.6% on a series of 7-day victories. The company recently commented on the trading of its shares at the request of the Investment Industry Regulatory Organization of Canada (IIROC): “The company is not aware of any significant, undisclosed corporate developments and does not have significant changes in its business or business. has not been publicly disclosed which could explain the recent increase in the market price or trading volume of its common shares. “The stock has risen 259.6% in the last three months, while the ETFMG Prime Cyber ​​Security ETF HACK,
+ 0.73%
rose 28.3% and the S&P 500 SPX,
-0.13%
gained 10.3%.

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