[Reuters] RIM shares plummet on weak results, outlook

Posted by: UGN Security

[Reuters] RIM shares plummet on weak results, outlook - 06/17/11 01:12 PM

(Reuters) - Shares of Research In Motion Ltd fell more than 15 percent in pre-market trade on Friday, a day after the Blackberry maker posted weak quarterly results and outlook, prompting two analysts to downgrade the stock and several others to cut their price targets.