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Why BlackBerry Stock Fell 16% in July

TheMotleyFool

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"The Meme Stock Trade Is Far From Over," declared Barron's on July 12, 2021 -- but somebody forgot to tell investors in BlackBerry Limited (NYSE: BB) stock. Over the course of the month of July, as the S&P 500 put together a modest 2.2% rise, shares of Reddit favorite BlackBerry fell a depressing 16.2%.

And yet, can you really blame BlackBerry investors for being unenthused in July after what happened in late June?

Image source: Getty Images.

Source Fool.com

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