- The stock price of BlackBerry (BB) increased by 4.31% in the most recent trading session. This is why.
The stock price of BlackBerry (BB) increased by 4.31% in the most recent trading session.
Why: Meme stock rally
Details: The group of meme stocks rallied as Federal Reserve Chair Jerome Powell recently gave a speech indicating that the Fed is going to ease its high pace of interest rate rises at the next policy meeting later this month.
A meme stock is a stock that gained popularity through various social media platforms like Reddit, StockTwits, Twitter, Facebook, Discord, etc.