Why BlackBerry Stock Popped 12% in August
Shares of BlackBerry (NYSE: BB) jumped 12.3% last month, according to data provided by S&P Global Market Intelligence, after the company announced that two of its products had passed security tests. BlackBerry said in a press release on Aug. 24 that two of its products -- BlackBerry Protect and BlackBerry Optics -- had undergone "a range of hacking real-world attacks designed to compromise systems and penetrate target networks," and both passed with flying colors. BlackBerry Protect is the company's AI-driven endpoint protection product; BlackBerry Optics is its endpoint detection and response product.