Folks over at BusinessWeek report that RIM’s stock (RIMM) will be climbing and climbing and climbing, all thanks to the Pearl (don’t you usually dive for pearls?). A whole lot of Pearl gushing is contained within the article, including the device being referred to as a “homerun product”. It’s when the numbers make an appearance that the situation gets slightly more interesting. A good read overall.
Shares of the Canadian company rose $2.38, or 3 percent, to $82.80 in midday trading on the Nasdaq. In the past 52 weeks, the stock has traded between $51.90 and $90.53.