Netlist (NLST) stock surged by more than 24% in after-hours trading on Thursday after the solid-state drives and modular memory solutions company seemed to be gaining amid a Markman ruling in a patent fight against Samsung (SSU).
Markman ruling ” is a pre-trial hearing in a U.S. District Court during which a judge examines evidence from all parties on the appropriate meanings of relevant keywords used in a patent claim when patent infringement is alleged by a plaintiff. It is also known as a ‘Claim Construction Hearing’.”
Netlist has asserted claims from six patents related to computer memory against Samsung related to “improving the performance and memory capacity of memory subsystems.”
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Shares of NLST have tanked by more than 70% in the past year.