ViaSat is trading 4.4% up at $72.58 after a Texas jury ordered Japanese memory maker Kioxia to pay $229 million for infringing on the company's flash-memory patents.
- The verdict has served as a major catalyst for the stock, prompting investors to reassess the long-term value and licensing potential of ViaSat’s intellectual property portfolio.
- Broader market sentiment remains positive for the sector, with higher tech futures providing a supportive backdrop for the recent gains.