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RIM stock hits session lows, down 8 pct as new device launched
January 30, 2013 / 3:56 PM / in 5 years

RIM stock hits session lows, down 8 pct as new device launched

TORONTO, Jan 30 (Reuters) - Research In Motion sank as much as 8 percent on Wednesday as the BlackBerry maker unveiled its long-delayed line of smartphones that it says will mark the company’s comeback.

The stock, which fell as much as 8 percent after rising more than 6 percent earlier in the session, was down 4.4 percent, at C$15.03 in Toronto. On the Nasdaq, shares were down 3.9 percent at $15.05. (Reporting by Solarina Ho; Editing by Jeffrey Hodgson)

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