Shares in BlackBerry maker Research In Motion (RIM) fell to a nine-year low after Morgan Stanley downgraded the stock, saying the company's challenges are piling up.
Research In Motion's shares closed down 75 cents, or 7.7%, to $9.11 (£5.85) on the Nasdaq. The bottom for the day was $9.01 (£5.76), the lowest level since 2003. RIM shares have lost 94% of their value since their 2008 peak.