Dan Gallagher for Marketwatch:
The weakening sentiment drove Research In Motion shares to new lows as the stock slid more than 2.5% to close at $15.08; the shares earlier slipped below the $15 mark for the first time in more than seven years, on a split-adjusted basis. The stock is down nearly 74% for the year.
RIM is reporting earnings tomorrow. I think they’ll announce blow-out results and begin their inevitable comeback.
Just kidding. They’re screwed.