NLST Jumps 18% on Micron Patent License Deal
Netlist (NLST) shares surged approximately 18% on Tuesday following the announcement that Micron will pay $600 million to license Netlist's patents, settling their legal dispute. This marks the stock's best trading session since mid-August, bringing it near its 52-week high.
Shares of Netlist (NLST) jumped on Tuesday, posting their strongest session since mid-August, after the memory-chip company said Micron will pay $600 million to license its patents and end their court fight. The stock closed up about 18% on Tuesday, near its 52-week high of $7. What Netlist And Micron Agre…