Why BlackBerry Stock Is Popping Again

Popularized by Reddit traders on WallStreetBets early in the week then crushed by brokers' reaction to the WSB phenomenon on Thursday, shares of BlackBerry Limited (NYSE: BB) are taking off again in Friday trading now that some brokers who had limited or banned purchases of heavily shorted stocks yesterday are lifting their bans.

In 11 a.m. trading, BlackBerry stock is up 9.5%.

Image source: Getty Images.

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Source Fool.com