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Stock impact report

Why Veeco Instruments Inc. Stock Is Plummeting Today [The Motley Fool]

Veeco Instruments Inc. (VECO) 
Last veeco instruments inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.veeco.com/home/default.aspx
Company Research Source: The Motley Fool
The process equipment solutions specialist fell after an unfavorable patent-infringement decision in China. Steve Symington ( TMFSymington ) Dec 8, 2017 at 2:44PM What happened Shares of Veeco Instruments Inc. ( NASDAQ:VECO ) are plummeting today, down 18.9% as of 1:30 p.m. EDT, after the process equipment solutions company announced an unfavorable development in its ongoing patent infringement suit brought by Chinese rival Advanced Micro-Fabrication Equipment (AMEC) this past July. Veeco revealed that that on Dec. 7, 2017, the Fujian High Court in China issued a ruling requiring the company to stop importing, making, selling and offering to sell its Veeco EPIK 700 model MOCVD systems, which contain a mechanism covered by an AMEC utility model patent and wafer carriers used as supplies for the systems.  IMAGE SOURCE: GETTY IMAGES. So what Show less Read more
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