BlackBerry 10 Hits Roads with Rebranding, Farewell Research in Motion, Hello Blackberry - TWER, CCI, LVLT

Pompano Beach, FL -- (SBWIRE) -- 01/31/2013 -- The beleaguered Canadian tech company Research in Motion (NASDAQ:RIMM) was under the tech light on Wednesday, as it uncovered its most-awaited operating system BlackBerry 10, along with the first smartphones that would operate the OS.

Should RIMM a Buy or Sell Now? Find Out Here

RIM CEO Thorsten Heins also declared that RIM will re-brand itself as BlackBerry so as to have a consistent brand. Now tech lovers have to say Goodbye to Research in Motion and hello to “BlackBerry”. The initial phones to have the BlackBerry 10 OS would be the BlackBerry Z10 and BlackBerry Q10.

Though on the trading platform Research In Motion Limited (USA) (NASDAQ:RIMM) was not able to raise its head after the historic launching event and stock was lower -6.47% at 11:37 AM EST.

Research In Motion Limited (USA) (NASDAQ:RIMM) shares so far in this session plunged -7.62% to $12.73 with the Stock being traded within the range of $12.15 – $13.04. In the past year, it has not traded below $6.22 and was unable to surpass $18.32. The current session’s volume of 55.98 million shares is down from the average daily trading volume of 65.56 million shares.

Why Should Investors Buy RIMM After the Recent Fall? Just Go Here and Find Out

Turning to some other stocks in the same industry, Towerstream Corporation, Crown Castle International Corp. and Level 3 Communications, Inc. are in the volume leaders list. Below in this article, we will have a quick look on their Market performance.

So far in the ongoing trade, Towerstream Corporation (NASDAQ:TWER) shares are down -8.52% to $2.90 while the stock has traded within the range of $2.86 – $3.03. In the last 52-week period, shares changed hands between $2.33 and $5.86. The current session’s volume of 2.03 million shares is higher than their average daily trading volume of 337,940 shares.

Will TWER Get Buyers Even After The Recent Rally? Find Out Here

Crown Castle International Corp. (NYSE:CCI) shares in the current session moved down -0.07% reaching at $70.89. The stock traded in a range of $70.67 – $71.32. In the last year the stock has moved within a range of $48.57 – $75.50. The current session’s volume of 725,077 shares is lower from their average daily trading volume of 1.75 million shares.

Is it the Right to Grab CCI after the Recent Slump? Get Free Trend Analysis Here

Another rival company, Level 3 Communications, Inc. (NYSE:LVLT) is at a premium of +0.89% to $23.75. In today’s trading so far, the stock price was found in a range of $23.40 and $23.82. In the previous 52 weeks the stock’s price ranged between $16.36 and $27.99. The current session’s volume of 210,907 shares was lower from their average daily trading volume of 1.47 million shares.

Will LVLT Continue To Move Higher? Find Out Here

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