There's Uncertainty Around Apple's Patent Appeal For Watch, Masimo's Royalty Exposure Is Priced In - Analyst Downgrades
Benzinga
Needham downgraded Masimo Corporation (NASDAQ: MASI), noting that though Apple Inc (NASDAQ: AAPL) royalties are not certain, but are mostly priced into MASI shares.
Wednesday, a U.S. appeals court temporarily halted the government commission's import ban on certain Apple smartwatches following a patent dispute with Masimo.
Apple filed a separate patent infringement lawsuit against Masimo in Delaware, characterizing Masimo's legal actions as a strategic move to pave the way for its competing smar...
Continue Reading