Shares of Blackberry Ltd. were on track to open at a 15-month high Wednesday, after a favorable court ruling in its dispute with Qualcomm Inc. sent them soaring. The mobile communications company’s stock ran up 16.6% to $8.98 in premarket trade, as it heads toward the highest price seen during regular trading hours since Jan. 5, 2016. The stock is also on track for the biggest one-day percentage gain since it climbed 29.7% on Jan. 14, 2015. Qualcomm said that while it disagreed with the $814.9 million arbitration award granted to BlackBerry, the ruling was binding and not appealable. BlackBerry’s stock had surged 12% year to date through Tuesday, while Qualcomm’s had tumbled 15% and the S&P 500 had gained 5.1%.
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