May 30, 2012 / 1:47 PM / 5 years ago

RIM stock plunges 10 percent after warning of loss

TORONTO (Reuters) - Shares of Research in Motion Ltd skidded 10 percent at the open on Wednesday after the BlackBerry maker warned on Tuesday it would likely report a shock first-quarter operating loss.

A logo of the Blackberry maker's Research in Motion is seen on a building at the RIM Technology Park in Waterloo April 18, 2012. Picture taken April 18, 2012. REUTERS/Mark Blinch

Shares of RIM plunged C$1.20, or 10 percent, to C$10.31 on the Toronto Stock Exchange. The U.S.-listed shares fell 10.8 percent to $10.01.

Reporting By Jennifer Kwan; Editing by Jeffrey Hodgson

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