Tuesday, October 4, 2011
RIMM may look for a suitor...
Research In Motion (RIMM +4.3%) spikes on rumors the company has hired an investment banker to consider strategic options. Just last week, Carl Icahn was rumored to be buying a chunk of the stock. Color Eric Savitz skeptical: RIM is rapidly losing smartphone market share, and the PlayBook is going nowhere - just why would anyone want to buy it?
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