BlackBerry (NYSE:BB) stock is trading higher on Tuesday, drawn into focus by retail trading platforms and financial newsletters analyzing the company's embedded software architecture.
Once known as a legacy physical-keyboard mobile handset manufacturer, the company has transitioned into a specialized cybersecurity and Internet of Things software business.
BlackBerry was one of the most prominent meme stocks during the 2021 retail trading boom, with its shares surging alongside GameStop (NYSE:GME) and AMC (NYSE:AMC) as social media-driven buying fueled a sharp rally.
Read Also: David Solomon Says Clients Are Bringing Their Most Critical Deals to Goldman Sachs Physical AI Substack Analysis Instigates Market Discussion A Substack publication authored by Anni Sen of BluBird Capital on Monday, highlighted the embedded software's presence across multiple industries.
The report noted that BlackBerry software currently powers the safety layer in 275 million cars globally, operates inside surgical robots, and secures communications for the White House, the U.S.
