Stock of InterDigital, Inc. (IDCC) is trading at $281.36, gaining 10.70 percent in Thursday morning trading after the company entered into a patent license agreement with Amazon, covering Amazon's services and devices, including Amazon Prime Video.
After opening at $275.00, the shares climbed to an intraday high of $298.80 on the Nasdaq. Over the last year, the stock has fluctuated within a 52-week range of $213.06 to $412.60.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.