BlackBerry shares jump as trading quantity surges

© Reuters/MARK BLINCH FILE photograph: An worker works at his desk at Blackberry's network operating Centre (NOC) in Waterloo

(Reuters) - U.S. shares in BlackBerry were up 18.0% on Thursday heading in the right direction for its sixth straight day of positive aspects and the stock turned into the 2nd most heavily traded on U.S. exchanges as individual investors on Reddit's Wallstreetbets discussion board turned their focal point to the protection application company.

BlackBerry shares final traded at $18.00 with 214,883,715 shares already changing palms an hour into the buying and selling session in comparison with its 25-day moving commonplace of 30.5 million.

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trading extent in the inventory all started to spike bigger on can also 26 with extent vaulting to 26.5 million shares that day. On Wednesday, it closed up 31% with 346 million shares altering fingers, its busiest trading day seeing that January 27.

Even earlier than Thursday's features, BlackBerry inventory had risen more than seventy seven% in the last 5 periods. it is up 174% year-to-date, which would be its biggest annual increase when you consider that 2003 if it holds.

(Reporting by Sinéad Carew, modifying via Nick Zieminski)