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RIM stock hits session lows as new device launched

Source : REUTERS
Last Updated: Wed, Jan 30, 2013 16:13 hrs

TORONTO (Reuters) - Research In Motion sank as much as 8 percent on Wednesday as the BlackBerry maker unveiled its long-delayed line of smartphones that it says will mark the company's comeback.

The stock, which fell as much as 8 percent after rising more than 6 percent earlier in the session, was down 4.4 percent, at C$15.03 in Toronto. On the Nasdaq, shares were down 3.9 percent at $15.05.

(Reporting by Solarina Ho; Editing by Jeffrey Hodgson)


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