RealNetworks Inc. (RNWK) announced Thursday morning that it signed an agreement to sell a significant number of its patents and its next generation video codec software to Intel (INTC) for $120 million.
RealNetworks gapped open higher Thursday and has continued to rise in early trade. The stock is now up 2.47 at $9.82, with volume at over a 4-month high. RealNetworks has broken out to a 3-month high and has re-crossed its 50-day moving average.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.