RIM Climbs to 11-Month High on Continued Gains

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.

SEE ALSO: RIM Promises 70,000 Apps at Launch

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.