RIM stock up

Posted Jan 12, 2012 05:14:59 PM.

This article is more than 5 years old.

Research in Motion stock had a pretty good day today….once again because of rumours.

The latest story comes from Reuters News agency reports the Waterloo-based tech company has hired investment banker Goldman Sachs to look ahead to strategic options.

RIM has been the target of a steady stream of takeover talk as its market valuation has crawled along at multi-year lows amid product delays and profit warnings.

RIM declines to comment on rumor or speculation as well, Goldman Sachs has no comment.

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