Friday's Canadian Stock Movers

The transcript discusses a third quarter revenue forecast that exceeded expectations, leading to a chipmaker's upgrade by Canaccord Genuity. The CEO aims to boost revenue and margins through investments. BlackBerry shares rose after a favorable patent ruling. Ritchie Brothers faced a downgrade due to declining sales volumes and pricing pressures.

What was the main reason for the chipmaker's upgrade by Canaccord Genuity?

• New product launch

• Increased competition in the market

• Better-than-expected second-quarter results

• Partnership with a major tech company

What is the primary focus of the chipmaker's CEO, Rob Mayonaisse?

• Improving customer satisfaction

• Reducing operational costs

• Generating revenue and margin growth

• Expanding into new markets

What was the outcome of the U.S. Federal jury's ruling regarding BlackBerry?

• BlackBerry lost the case and had to pay damages

• BlackBerry settled the case out of court

• BlackBerry was found not to infringe any patents

• BlackBerry was fined for patent infringement

What was the reason for the downgrade of Ritchie Brothers by OTR Global?

• Tapering pricing and sales volumes

• Increased competition in the auction market

• High operational costs

• Expansion into new markets

By how much did the prices of used heavy equipment drop according to OTR Global?

• 20 to 25%

• 5 to 8%

• 10 to 13%

• 15 to 18%