Why These 10 Stocks Are Skyrocketing

2. BlackBerry Ltd (NYSE:BB)

Blackberry maintained a strong momentum in the first two days of the week, rising by 8.19 percent to $3.96 from $3.66 on Monday.

Investors continued to snap up on shares of BlackBerry following better-than-expected third-quarter fiscal 2025 net income of $12 million and revenues of $162 million. The revenue figure included $19 million from Cylance, BlackBerry’s cybersecurity arm.

Last week, Blackberry announced that it agreed to sell the Cylance unit to Artic Wolf Networks Inc. for $160 million and 5.5 million Arctic Wolf shares. After allowing for the purchase price adjustments, BlackBerry will receive approximately $80 million of cash at closing and approximately $40 million of cash one year following the closing.