Rambus (RMBS)

[lizvestor]

AP
Premarket Movers: JetBlue Grounded
Friday March 10, 9:12 am ET

[Excerpt]
Rambus Inc. shares were also beaten down ahead of a patent infringement trial versus South Korea's Hynix Semiconductor slated to begin Monday and last up to three months.

A Wall Street Journal story Friday suggested buyers of the Los Altos, Calif.-based Rambus who were banking on a trial win and a subsequent windfall may not get the return they're looking for.

Shares were down 77 cents, or 2.5 percent, to $30.51 on INET, from their Nasdaq close at $31.28.