blackberry (BB) – Get the restricted BlackBerry report, the Canadian cybersecurity company, recently announced some updates regarding its business and future projects.
Just before CES 2022 (CES, the Consumer Electronics Show, is an annual and highly influential technology fair in Las Vegas), CEO John Chen was interviewed by CNBC. Asked if BlackBerry’s stock price is hovering around $10, well below the meme-driven peak of $25 per share a year ago, Mr. Chen said he believes BB is undervalued.
Let’s take a closer look at the CEO’s answers and see if he’s right or wrong about BB’s potential.
(Read more from Wall Street Memes: Nu Holdings: Why Wall Street Says It’s a Buy)
BlackBerry’s CES 2022 announcements
Considered by many to be a key catalyst for BlackBerry in 2022, the company’s attendance at CES 2022 allowed the company to offer public demonstrations of some of its emerging technologies. This technology included…