BlackBerry Shares Rise Overnight as QNX Royalty Backlog Tops $1.2 Billion
QNX reported a record royalty backlog above $1.2 billion, up 26% from roughly $950 million in the last fiscal year. BlackBerry shares climbed in overnight trading.
BlackBerry (BB) stock climbed in overnight trading after its QNX unit reported a record royalty backlog above $1.2 billion, up 26% from roughly $950 million in the last fiscal year. Retail traders began calling for the next leg higher, with some targeting $20 by year-end.BlackBerry stock traded nea…