RIMM Downgraded By Morgan Stanley

Posted in pre-market 
August 20th, 2010

Research In Motion Limited (NASDAQ: RIMM) was downgraded by Morgan Stanley (NYSE: MS)  from overweight to underweight. As of 8:16 AM EDT, RIMM was trading  at $49.00. This was 2.89% below yesterday’s close, which saw the stock down 1.03%. RIMM stock is nearing the bottom end of its 52-week range of 47.42 to 88.08. The stock has traded 54,401 shares, with an average volume of 15.2 million.

-Michael B. Sauter

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