Masimo down 5% after judge declares mistrial in fight with Apple - InvestingChannel

Masimo down 5% after judge declares mistrial in fight with Apple

Shares of Masimo (MASI) are down $9.04, or nearly 5%, to $180.02 in pre-market trading after Senior U.S. District Judge James Selna declared a mistrial in Masimo’s $1.8B trade secrets lawsuit against Apple (AAPL). Selna initially instructed the jury to continue deliberating through the end of Monday, but the jury sent another note that said, “We are not being able to come to a joint conclusion,” after which Selna declared a mistrial, stating “I think you’ve done all that the court can reasonably expect you to do in this case,” according to a report from Meghann Cuniff, a legal affairs journalist.

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