BlackBerry spikes record 65% after finalizing deal with Amazon for automotive data software

BlackBerry CEO NYSE
John Chen, CEO of BlackBerry, gives an interview following the opening of his company’s stock at the New York Stock Exchange (NYSE) in New York, U.S., October 16, 2017.


  • BlackBerry surged as much as 65% on Tuesday after the company inked a multi-year deal with Amazon to develop and market its “Intelligent Vehicle Data Platform.”
  • The cloud software, called IVY, allows automakers to read vehicle sensor data and improve systems and performance, according to a press release.
  • The stock’s leap is its biggest one-day gain on record and placed shares at their highest level since April 2019.
  • Watch BlackBerry trade live here.

BlackBerry rocketed as much as 61% higher on Tuesday after inking a multi-year deal with Amazon to develop and market BlackBerry’s “Intelligent Vehicle Data Platform”.

The platform, named IVY, includes cloud-connected software that allows automakers to read vehicle sensor data and “create actionable insights from

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