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InterDigital (IDCC) Secures New Patent License Agreement with Sony
InterDigital (IDCC) has renewed its patent license agreement with Sony (SONY), expanding its reach in wireless, video, and AI technologies. Despite this positive development, both companies saw a decline in premarket share prices. While InterDigital demonstrates strong financial health and profitability, robust growth, and positive analyst sentiment, its valuation metrics are nearing historical highs, and there’s recent insider selling activity, suggesting caution for potential investors.