Motley Fool
Why BlackBerry Stock Dropped Today
Shares of once-dominant smartphone maker BlackBerry (NYSE: BB), which has since reinvented itself as an Internet of Things company and a provider of automotive software, got a minuscule boost on some good news Tuesday. As of 11:20 a.m. EDT, BlackBerry was down by 4%. As was announced Tuesday, China’s BiTECH Automotive has chosen to incorporate BlackBerry’s QNX Neutrino Realtime Operating System into its digital instrument cluster — the modern car’s dashboard, with screens telling you how fast you’re going and how much fuel you have left, and displaying your navigation information, multimedia controls, and such.
