Memory technology firm Rambus (RMBS) is down 3.2% after an appeals court refuses to reconsider a...

|By:, SA News Editor

Memory technology firm Rambus (RMBS) is down 3.2% after an appeals court refuses to reconsider a ruling finding the company guilty of destroying documents relevant to a lawsuit against DRAM manufacturers Micron (MU) and Hynix (HXSCF.PK). However, analyst Mike Crawford doesn't think the ruling will affect the conflict's resolution.