BlackBerry Ltd is trading 10.3% down today at $8.34 as a broad technology sector selloff and profit-taking weigh on the stock.
- The decline follows a sharp multi-day rally in early June, with the current pullback driven by investors locking in gains despite no new company-specific catalysts reported.
- Shares are also being pressured by sector-wide risk-off sentiment as the Nasdaq Composite drops more than 2%, hitting high-growth and technology names.