u/8848_tothetop

But why did Fifth delta and Blackrock sold almost all of their shares recently?

But why did Fifth delta and Blackrock sold almost all of their shares recently?

Other large shareholders appear to have sold much or all of their BlackBerry shares during the second quarter as its stock price soared, according to regulatory filings. That includes British hedge fund Fifthdelta Ltd., which ended the quarter with no shares, down from 26.4 million on March 31 (Fifthdelta’s stake has fluctuated widely since it first invested in 2022). Fund giant BlackRock Inc. held 3.3 million shares on June 30, compared with 29.6 million about two months earlier.

https://www.theglobeandmail.com/business/article-fairfax-financial-sells-out-of-blackberry-at-a-steep-loss/

u/8848_tothetop — 4 days ago