Shares of Samsara (IOT) are moving lower after the International Trade Commission ruled that Motive Technologies didn’t infringe Samsara’s U.S. patents. Samsara is evaluating options for further review, a spokesperson told Bloomberg. Shares of Samsara are down 9% to $37.99 in midday trading.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IOT: