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Benzinga
Benzinga
Business
Henry Khederian

Neonode (NEON) Stock Is Down Over 80% Thursday: What's Going On?

Neon Lawsuit
Binary,Options,Chart

Neonode Inc (NASDAQ:NEON) shares are trading sharply lower Thursday, following an announcement of anticipated proceeds from a patent lawsuit settlement.

What To Know: The stock dropped by over 80% in pre-market and early trading, with prices falling from a previous close of $21.52 to as low as $3.80.

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