After a remarkably strong performance to start 2013, RIM shares are tanking just two days before the Canadian company is slated to unveil BlackBerry 10 to the world.
Shares are down more than 7% in trading today, dropping from well above $17 to just over $16 per share. Part of the reason may be because Lenovo's desire to acquire some or all of RIM now appears highly unlikely.
Still, the stock is nearly triple what it was worth just a few months ago when it was trading for $6 in September. The other side of the coin, however, is that it used to trade for $140 in 2008 during its peak.
RIM launches its next-gen mobile computing platform on Wednesday at major events in Toronto, New York, and elsewhere around the world. Its first device is widely expected to go on sale the very next week.