These 10 Stocks Led Rally on Wednesday

7. Blackberry Ltd. (NYSE:BB)

Blackberry surged by 10.44 percent on Wednesday to close at $5.82 apiece as investors cheered news of the company’s partnership with automotive software and consulting specialist Pi Square Technologies to train thousands of software engineers in India in a bid to advance the country’s automotive industry.

In a statement released late Tuesday, BB said the partnership, through its QNX division, would run over the next few years to address the growing global demand for highly skilled embedded systems developers.

The partnership particularly aims to spur the adoption of its QNX software development platform to support advanced driver assistance systems (ADAS).

Meanwhile, Pi Square would work with hundreds of Indian academic institutions to incorporate the QNX software into the schools’ curriculum.

“This should provide students with practical knowledge in embedded systems software development, equipping them with turnkey skills that they can use to solve real industry problems upon graduation,” BB said.