Markforged Holding shares are trading higher after the company announced that it has entered into a Settlement and Patent License Agreement in connection with the patent infringement litigation brought by Continuous Composites.
Portfolio Pulse from Benzinga Newsdesk
Markforged Holding shares rose following a Settlement and Patent License Agreement related to a patent infringement case with Continuous Composites.
September 23, 2024 | 5:30 pm
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Markforged Holding's stock price increased after announcing a settlement and patent license agreement with Continuous Composites, resolving a patent infringement lawsuit.
The resolution of the patent infringement litigation through a settlement and patent license agreement is likely seen as a positive development by investors, reducing legal uncertainties and potential liabilities for Markforged Holding. This has led to an increase in the stock price.
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