Blackberry stock spike sparks investigation

Last month’s rumours of merger talks between Blackberry and Samsung caused stocks in the Waterloo, Ont. firm to surge although the talks were quickly denied.

Last month’s rumours of merger talks between Blackberry and Samsung caused stocks in the Waterloo, Ont. firm to surge although the talks were quickly denied. However it has been reported that in the hours before the rumour started, as the result of a Reuters report, there was a spike in options trading and that it may have involved a source of the rumour. The US Securities and Exchange Commission is investigating the claims. Read the full story.

 

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