Network-1 Technologies: Gains on favorable court ruling
30/08/2018 13:21
** Shares of patent firm Network-1 Technologies NTIP.A up
17 pct premarket
** District court finds Network-1's remote power patent
valid and overturns jury verdict of invalidity from Nov. 2017
trial against Hewlett-Packard urn:newsml:reuters.com:*:nGNXbbSdwg
** About 3,200 NTIP shares traded so far, roughly 11 pct of
their 25-day moving avg
** NTIP stocks have tumbled 33 pct after the ruling on Nov.
14 urn:newsml:reuters.com:*:nL3N1NK69L
** Including those losses, NTIP down ~41 pct since the
ruling
(Reporting by Savio D'Souza)
((RM:savio.dsouza.thomsonreuters.com@reuters.net))
Recent news on Network-1 Technologies
See all newsBrief: Network-1 Technologies Commences Patent Litigation Against Samsung Entities
Brief: Network-1 Technologies Inc Extends Share Repurchase Program
Brief: Network-1 Technologies Unit Receives New Patent From U.S. Patent Office Expanding Its HFT Patent Portfolio To Include 11 Issued U.S. Patents
Brief: Network-1 Technologies Says Co's Patent Infringement Litigation Against Google And Youtube Was Dismissed By U.S. District Court
Brief: Network-1 Technologies Board Authorize Repurchase Up To $5 Mln Shares