After hitting a 52-week high in January 2021 amid the Reddit-led rally, BlackBerry stocks witnessed a massive correction. The stock is currently trading at an attractive price and could possibly double this year. Stocks of BlackBerry Limited are trading around C$ 14.15 per piece. It has bounced back by more than 250 per cent from its 52-week low of C$ 3.94 as recorded on March 18, 2020.
The technology company has already started shifting its business from hardware to software. It has plans to engage in the booming electric vehicle (EV) industry this year, particularly in the automation segment.
TD Bank Reports Profit in Q1 FY21
Toronto-Dominion Bank (TSX:TD) secured a 10 per cent year-over-year increase in its net income for the latest fiscal quarter. The adjusted net income amounted to C$ 3.4 billion, up from C$ 3.1 billion in Q1 FY20.
Coinbase Files For Public Debut
Coinbase filed for an initial public offering on Thursday. It is the first crypto exchange to opt for a public debut. The company’s Class A common stock will be listed via a direct route on the Nasdaq Global Select Market. The stocks will trade under the ticker symbol COIN. Nearly 2.8 million trade on Coinbase platform every month.