Tech stocks: BlackBerry jumps on new buyout talk

Shares of smartphone maker BlackBerry have surged 4.5% in early morning trading off a report of new suitors exploring a bid for the struggling company.

According to Reuters, BlackBerry is in talks with Cisco, Google and SAP on a potential deal to either sell the company or parts of its business. The report does not confirm which of the three companies will make a bid for BlackBerry.

Last month, BlackBerry announced a tentative acquisition deal with Fairfax Financial Holdings that values the smartphone maker at $4.7 billion. A few days later, the company reported a $965 million quarterly loss off disappointing sales of its line of BlackBerry 10 devices.

A statement from BlackBerry to Reuters does not confirm talks with the trio of companies, only saying a special committee "is conducting a robust and thorough review of strategic alternatives."

BlackBerry faces a lawsuit by a shareholder claiming the company misled investors about its future.

Meanwhile, Apple shares are up $3 after analysts at Jeffries upgraded the company's stock to buy, reports CNBC.

The company recently launched two new iPhones: the low-cost 5c and the 5s, which includes a fingerprint sensor. Sales of iPhones topped 9 million during the devices' opening weekend.

Follow Brett Molina on Twitter: @bam923.