RIM Gains as National Bank Sees Better Outlook
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Research In Motion Ltd. surged 18 percent, the most in more than three years, after National Bank Financial said new BlackBerry 10 phone sales should be better than expected.
RIM rose to C$12.06 at the close in Toronto, the biggest gain since April 2009. The gain pared the stock’s loss this year to 19 percent. Trading of RIM shares in New York was closed for Thanksgiving today after the stock gained 5.7 percent to $10.26 yesterday.