🔴 InterDigital is trading 4.5% down today after Tesla wins UK appeal to revive 5G patent lawsuit

InterDigital is trading at $248.55 (-4.48%) in after-hours trading after Tesla won a UK Supreme Court appeal reviving its 2023 lawsuit against the company and the Avanci licensing platform.

• The legal challenge seeks a court ruling on Fair, Reasonable, and Non-Discriminatory (FRAND) terms for essential 5G patents.
• The Supreme Court's decision adds fresh legal pressure on InterDigital's licensing model following the market close.