RIM stock flirts with the $200-mark

CashmoneyYesterday was a good day for RIM investors, between solid Q1 results, positive outlook and a 3-1 stock split. That being said, RIM did pretty damned well overnight, jumping from a $165.59 close to $196.00 this morning. At time of posting, RIMM is floating around $194.90. Busting $200 would be one hell of a milestone to hit on iPhone launch day, and with plenty of investors putting target prices in the $225 range, it seems more than likely to happen. AAPL’s at $122.32, with some undoubtedly interesting changes happening over the weekend.

Posted by Simon Sage in Financial, News

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