Nine Energy Services (NINE) Statement on U.S. District Court Decision
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/12/2026
- Strong AI earnings lift S&P 500, Nasdaq as inflation data calms rate-hike jitters
- Oil prices little changed as investors weigh lower demand against US-Iran talks deadlock
- CoreWeave soars after fifth straight quarter of record revenue, raised guide
- Four key things investors will watch in Nvidia's earnings next week
- Silver could surge to $90 as investment demand takes over, Citi says
- Lumentum Holdings (LITE) Tops Q4 EPS by 28c, Beats on Revenue; Offers Q1 Guidance
- Crude Inventory Rose 17.2 Million Barrels Last Week - EIA
- Aurora Cannabis rejects Curaleaf's unsolicited $4-per-share takeover bid
- AbCellera Biologics (ABCL) PT Raised to $30 at Truist on 'best-in-class potential'
- Comscore plans restructuring with $20M-$25M in cost cuts
- After-Hours Movers: CRWV, NBIS, SMCI, LITE, CAVA, HRB
- After-Hours Movers: P, RIOT, BW, RKLB, HIMS, UPWK
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
- After-Hours Stock Movers: WDC, SNDK, FIG, APP, HUBS, SOUN, DASH, XYZ, Z, FLNC
- After-Hours Movers: SPCX, AMD, ANET, PINS, APPS, UPST, ZETA, BKNG, LCID, CPNG, MTCH
Nine Energy Service, Inc. Statement on U.S. District Court Decision
January 24, 2022 5:00 PM ESTHOUSTON--(BUSINESS WIRE)-- Nine Energy Service, Inc. (NYSE: NINE) (Nine or the Company) announced today that a jury in the Western District of Texas, Waco Division (the Court) reached a verdict on January 21, 2022 in the patent litigation regarding the Companys BreakThru Casing Flotation Device and its alleged infringement of a patent held by NCS Multistage Holdings, Inc. (NCS). The jury found that Nine infringed on NCSs patent and awarded NCS damages in the amount of less than $500,000.
The Company strongly disputes the merits of NCSs case, believes that NCSs patent is invalid and not... More
