Shares of Waterloo’s Research In Motion have been surging for most of this week and last week. Today these steady gains have continued, pushing RIM’s stock to an 11-month high.
RIM shares are currently up nearly 6% in trading. Now trading at almost $16, they’re at their highest since early February last year. RIM’s 52-week high is $17.67. RIM’s all-time high is more than $140.
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As more people test out the company’s next-gen mobile platform, more people love it. Analysts have been upgrading the stock’s rating, while investors have shown a renewed faith in RIM by buying at a risky time.
RIM is slated to launch BlackBerry 10 in less than two weeks on January 30.