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Fossil stock gains after company says it will sell smartwatch IP to Google for $40 million
Shares of Fossil Group Inc. FOSL, +3.42% are up nearly 5% in afternoon trading Thursday after the company announced that it would be selling intellectual property related to in-development smartwatch technology to Alphabet Inc.'s GOOGL, -0.09% GOOG, -0.19% Google for $40 million.
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https://www.marketwatch.com/story/fossil...2019-01-17
Fossil stock gains after company says it will sell smartwatch IP to Google for $40 million
Shares of Fossil Group Inc. FOSL, +3.42% are up nearly 5% in afternoon trading Thursday after the company announced that it would be selling intellectual property related to in-development smartwatch technology to Alphabet Inc.'s GOOGL, -0.09% GOOG, -0.19% Google for $40 million.
...
https://www.marketwatch.com/story/fossil...2019-01-17