Shares of BlackBerry Ltd. BB,
skyrocketed 31.1% towards a 9-year high in Monday morning trading to extend the rocket race seen in recent sessions. Turnover soared to 180.2 million shares, compared to the full-day average for the past 30 days of 31.1 million shares. Canadian-listed cyber security software company US stocks, which are on the way to the biggest close since December 2011, soared 42.7% higher last week, the biggest weekly gain since the week ended December 26 from 2003. The stock now rose 147.6% amid a 7-day winning streak. The company commented on the recent trading of its shares, at the request of the Canadian Investment Industry Regulatory Organization (IIROC): “The company is not aware of any relevant and undisclosed corporate development and has not significantly changed its business or affairs which has not been publicly disclosed that would explain the recent increase in the market price or trading volume of its common shares. “Shares have soared 259.6% in the past three months, while ETFMG Prime Cyber Security ETF HACK,
rose 28.3% and the S&P 500 SPX,
gained 10.3%.
