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BlackBerry surges 16.8% to a 4-year high on FedRAMP certification and QNX demand
- BlackBerry soared to its highest level in four years as momentum continues to build around its transition to software and security.
- The stock jumped 16.8% to close at $7.91 on active volume of 57.5 million shares, which is 2.3 times its 20-day average.
- High-level FedRAMP re-certification and growing demand for its QNX software in physical AI and robotics validate BlackBerry's pivot away from mobile hardware.
Supporting datasets
Supporting queries
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Conclusion
BB rose from $6.77 (May 21 close) to $7.91 (May 22 close), a 16.84% gain. Volume was 57,487,100 vs. a 20-day average of 25,165,743 (2.28x).