The Best (And Worst) Third-Quarter Technology Vendor Stocks


BlackBerry

CEO: Thorsten Heins

June 28, 2013: $10.46
Sept. 30, 2013: $7.95
Change: -24.0%

It was a rough quarter for smartphone maker BlackBerry, the company with the worst stock performance among all the IT company's tracked by CRN in the third calendar quarter.

The company reported a $965 million loss for its second quarter and announced plans to layoff 4,500 employees. Shortly after that, BlackBerry disclosed a plan to be taken private for $4.7 billion by Fairfax Financial Holdings, about $9 per share.

 



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