The stock price of BlackBerry (NYSE: BB) gained 28.42% to $18.05 per share. The stock went up by an additional 10.15% to $19.86 per share. The Candian tech company told the Investment Industry Regulatory Organization of Canada that it was not aware of any new material information that would push its stock price higher.
Stock market observers suggest that BB shares may be benefiting from speculative buying. Investors are probably encouraged by the news last week that it sold 90 patents to Huawei.
Tesla (NASDAQ: TSLA) climbed 4.03% to $880.80 per share. House Speaker Nancy Pelosi’s husband, Mr. Paul Pelosi invested around $1 million in the electric vehicle manufacturer based on its financial disclosure.
On January 2, Tesla reported that it produced and delivered around 500 million vehicles last year. The company also announced that its Model Y production in Shanghai has started and expected to begin its deliveries soon.
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