On Track Innovations (OTIV) Stock Is Up Today After Favorable Patent Ruling

NEW YORK (TheStreet) -- Shares of On Track Innovations were gaining 17.2% to $1.77 on heavy trading volume Thursday after the technology company received a favorable patent infringement ruling in its case against T-Mobile . The U.S. District Court, Southern District of New York, ruled that mobiles phones sold by T-Mobile used NFC technology that infringes on oti's U.S. Patent No. 6,045,043. The ruling means that T-Mobile will not be able to challenge the infringement of the patent when the case ...