Shares in the Canadian handset manufacturer Research In Motion Limited (NASDAQ:RIMM) (TSE:RIM) opened at their highest point since June today. At market open this morning the stock sat at $8.35. The firm has seen its share price collapse in recent months on the back of poor earnings and a declining market share.
Despite the stocks recent strong performance, a report yesterday all but consigned the company to death. That report, from an Avian Securities analyst, suggested the costs associated with breaking up or selling the company would, at current valuations, outweigh the underlying value of the firm's assets.
The firm's...
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