Sonos Shares Up Nearly After US Trade Judge's Ruling Against Google
13 Agosto 2021 - 6:38PM
Dow Jones News
By Stephen Nakrosis
Shares of Sonos Inc. are trading higher in Friday's after-hours
market, following a ruling by a U.S. trade judge which said some
Pixel smartphones and Nest audio speakers infringe on the company's
technology.
As reported by The Wall Street Journal, Judge Charles Bullock of
the U.S. International Trade Commission found Google infringed on
five patents. A full ruling is expected in coming days, the Wall
Street Journal said.
At 5:07 p.m. ET, Sonos shares were trading 6.87% higher, at
$40.76 as share. Volume at the time topped 1.1 million shares.
The stock finished the day's regular-trading session with a
2.03% gain, closing at $38.14 a share.
-Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
August 13, 2021 17:28 ET (21:28 GMT)
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