RIM Poised for Official Name Change to BlackBerry and 2 More Heavily Traded Stocks to Follow
Research In Motion Ltd. (NASDAQ:BBRY): Current price $9.65
The Canadian firm Research In Motion has won official approval to change its name to BlackBerry, having announced intentions for the name change in January, when it debuted new phones running the revamped operating system BlackBerry 10. The company hopes that the new devices will be better at rivaling iPhones and Android devices. Since January, Research In Motion has been going by BlackBerry in marketing materials, and also changed its ticker symbol to BBRY. However, there exists one more hurdle: A legal name change needs shareholder approval at Tuesday’s annual meeting.