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XP Says $40M Trade Secret Verdict 'Doesn't Make Any Sense'

Power systems manufacturer XP Power LLC urged a California magistrate judge Wednesday to slash its $40 million trade secret trial loss to rival Comet Technologies or order a new trial, arguing that the jury's "numbers don't line up" with Comet's trial arguments and the damages award "doesn't make any sense."
United States Xp Power Dorothy Atkins Comet Technologies
Source: law360.com

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XP Power (LON:XPP) Shares Cross Below 200-Day Moving Average of $3,383.80

XP Power Limited (LON:XPP – Get Rating)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3,383.80 ($40.89) and traded as low as GBX 2,135 ($25.80). XP Power shares last traded at GBX 2,225 ($26.88), with a volume of 34,432 shares traded. […]
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XP Power Limited (OTCMKTS:XPPLF) Short Interest Down 38.1% in May

XP Power Limited (OTCMKTS:XPPLF – Get Rating) was the recipient of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 1,300 shares, a drop of 38.1% from the May 15th total of 2,100 shares. Based on an average daily volume of 0 shares, the […]
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