02.11.2011 22:05 Uhr, Quelle: MacNN

RIM stock drops below book value in lack of BlackBerry trust

RIM crossed a symbolic point illustrating its troubles Wednesday after its stock dropped over three percent. Falling as low as $18.66, the BlackBerry designer was expected by Bloomberg to close below its "book value" of $18.92, or a market cap equal to what the company itself is worth in buildings, cash, device inventory, and patents, but without debts. Analysts typically see dipping under book value as a sign that the market has lost confidence in a company or its leadership.

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