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BlackBerry Falls on Day of U.S. Debut Amid Sales Concerns

BlackBerry, which is releasing its new Z10 phone in the U.S. today, tumbled the most in more than a month in New York trading after analysts raised concerns that the devices are getting a lukewarm response.

The shares fell 7.7 percent to $14.91, the biggest drop since Feb. 13. Before today’s drop, the stock had climbed 36 percent this year, lifted by optimism that the company’s new lineup will fuel a turnaround.