Research In Motion Ltd. plunged 15% in early trading Friday after posting a loss and delaying the next BlackBerry operating system, increasing pressure on the company to find an acquirer.
RIM shares dropped dramatically as North American markets opened. By 11 a.m., its stock was down $1.93 — more than 20% — to $7.53 per share on the Toronto Stock Exchange and down US$1.73 or 19% to US$7.40 on the Nasdaq.
RIM reported a first-quarter loss Thursday of 37 cents a share, excluding some items, more than five times bigger than what analysts had…
View original post 1,194 more words