Shares of Masimo (MASI) are down 5% to $114.36 after Reuters reported that Apple (AAPL) was granted a pause of the Watch ban that had been instituted due to a patent dispute with medical-technology company.
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Read More on MASI:
- Apple (NASDAQ:AAPL) Takes on Watch Ban
- Apple files appeal of ITC ban on sale of certain Watch models, Bloomberg reports
- U.S. Trade Representative declines to reverse Apple Watch patent ruling
- USTR backs panel ruling on Apple’s infringement of Masimo patent, Bloomberg says
- JPMorgan sees ‘marginal’ financial impact on Apple from Watch model sales halt