Details about Research In Motion Ltd.'s new BlackBerry model (called the Torch) are out. Analysts are no doubt busily forming their own opinions of whether this latest move from RIM will raise the stock's profile among investors. In the meantime, investors are coming to their own conclusions: It's good.
RIM shares had been down about 1 per cent in mid-morning trading on Tuesday, before the unveiling at 11 am (ET). In late-morning trading, the shares were up 0.9 per cent - a decent reversal that looks even better when you consider that most technology stocks were down.
My Globe and Mail colleagues are covering the launch, with a good live discussion here. You'll also find a lot of photos here, at engadget.