Market Overview

Judge in Palo Alto, Juniper Case Declares Mistrial

15 Billion-Dollar Companies With Negative Net Earnings
Barclays Downgrades FireEye, Prefers Palo Alto Networks & Fortinet
Imperva Price Target Hiked On App, Data Protection (Investor's Business Daily)
Related JNPR
The Cyber Security Market Is Still Strong (In Case You Forgot)
Nomura Says It's Time To Buy Communication Equipment Stocks, Comments On 5 Companies
Direxion Files Leveraged Bull & Bear Cyber Security ETFs - ETF News And Commentary (Zacks)

Shares of Palo Alto Networks (NASDAQ: PANW) made a sharp move higher in Friday's afternoon trading session as a federal judge declared a mistrial in the company's case with Juniper Networks (NASDAQ: JNPR).

Jurors involved in the case could not come to a decision; Juniper had filed a suit against Palo Alto related to the alleged infringement of three patents. Sources have not yet reported on any details related to how long the trial will be suspended.

Palo Alto shares spiked about 10 percent as news of the mistrial began hitting the wires. Shares of Juniper have ticked off session lows following the report, but are still down about 0.5 percent to $26.32 at last check.

Posted-In: News Rumors Legal Movers


Related Articles (JNPR + PANW)

Around the Web, We're Loving...

Get Benzinga's Newsletters