RAMBUS jumped again !!
Shares of RMBS rose more than 9% on friday closing at 18.96$. About 15 million shares of Rambus changed hands, versus average daily trading volume of 5.3 million. The move is being attributed to an update on thrusday night on the Hynix Semiconductor, Inc. v. Rambus, Inc. case. At the US District Court, Norther District of California website a tentative ruling showed: "Motion for new trial on damages is denied without prejudice. The motion cannot be resolved until after the conclusion of Phase III." Resistance is now 19$, stock must break it to go forward.
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That's all. Have a nice evening !!!
AC
Labels: RMBS
