RIM shares dive as fee changes catch market off guard

The exterior of one of the Research In Motion Limited (RIM) buildings is seen in WaterlooREUTERS – Shares of BlackBerry maker Research In Motion Ltd plunged more than 20 percent on Friday on fears that a new fee structure for its high-margin services segment could put pressure on the business that has set the company apart from its competitors. It was the stock's biggest, single-day, percentage price drop since September 2008. But shares were still nearly 80 percent above the year's low, which was reached in September. …

Full Story Via Gadgets News Headlines – Yahoo! News

Comments are closed.