Blackberry Stock Jumps On Lenovo Chatter

MarketWatch Pulse

Shares of BlackBerry rallied Monday on an anonymously sourced report on news website saying China's Lenovo Group Ltd. may buy the company. Neither Lenovo nor BlackBerry commented on Lenovo's reported plan to offer $15 a share as early as this week, according to Reuters, but Nasdaq-listed shares of BlackBerry jumped 8.5% during regular trade and another 1.4% after hours, to sit at $10.30. Previous talk of a merger between the two has surfaced before, particularly in the fall of 2013, but never panned out, Reuters said.

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