Loading...
Loading...
Shares of Palo Alto Networks
PANW made a sharp move higher in Friday's afternoon trading session as a federal judge declared a mistrial in the company's case with Juniper Networks
JNPR.
Jurors involved in the case could not come to a decision; Juniper had filed a suit against Palo Alto related to the alleged infringement of three patents. Sources have not yet reported on any details related to how long the trial will be suspended.
Palo Alto shares spiked about 10 percent as news of the mistrial began hitting the wires. Shares of Juniper have ticked off session lows following the report, but are still down about 0.5 percent to $26.32 at last check.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in