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RIM (RIMM) Receives Regulatory Approval for PlayBook Tablet -AllThingsD

May 18, 2012 11:22 AM EDT
AllThingsD reporting RIM (Nasdaq: RIMM) has received regulatory approval for its PlayBook tablet.

The stock seemed to tick lower following the headline, however technicians could have stepped in just then to keep the price below the 50-day simple moving average. Shares last traded at $11.16, down 1.9 percent from Thursday's close.


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