RIM Shareholders Push to Sell

Jim Dalrymple at the Loop:

Noting its poor stock performance, lack of innovation and loss of market share, Jaguar Financial is leading the charge to have something done at RIM.

In a statement on Tuesday, Jaguar Chairman and CEO Vic Alboini called on RIM’s Directors to maximize shareholder value. This includes putting the company up for sale and selling off the patent portfolio.

With an 80 percent decline in stock value since 2008, I think stockholders are probably ready for something to change.