Mitek (MITK) Shares Nosedive Into Close; Hearing Rumor USAA Challenges Patents on Transaction Processing
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Shares of Mitek Systems (Nasdaq: MITK) plunged very sharply (about 18 percent) over the last hour of trade amid chatter. Bloomberg is reporting the United Services Automobile Association has challenged the company's patents on transaction processing.
The stock closed down 19.2 percent to $9.37.
The stock closed down 19.2 percent to $9.37.
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