BlackBerry Ltd (NYSE: BB ) shares are trading higher during Wednesday’s premarket session, hitting a new 52-week high, as traders continue to react to the stock's breakout to fresh highs following a government-security certification update and renewed attention on its software story . BlackBerry stock is at critical resistance. What’s behind BB new highs? What’s Driving BlackBerry’s Recent Stock Surge? BlackBerry recently announced the completion of its 2026 FedRAMP Class D recertification for the AtHoc platform, making it the only Critical Event Management provider to hold this qualification. The platform is currently utilized by 80% of U.S. federal agencies. BlackBerry also introduced updates to its AtHoc Command Center aimed at improving response coordination, personnel tracking, and operational control during emergencies. Alongside these operational updates, the company is executing a share repurchase program to buy back up to 26.8 million shares, representing approximately 4.58% of its public float as of April 30. The buybacks will occur across the TSX and NYSE , and all repurchased shares will be canceled. BlackBerry also got a sentiment tailwind on Tuesday after Jim Cramer said he expects the stock to rise because it has "some really interesting technology in the auto world," a theme that can amplify momentum when the tape is already chasing breakouts. Critical Levels To Watch For BB Stock From a trend perspective, BB is extended: ... Full story available on Benzinga.com
BlackBerry Stock Hits New 52-Week High: What's Driving The Move?