Neonode Stock: Legal Wins Are Priced In, Rating Downgrade Follows

Neonode Inc. (NASDAQ: NASDAQ: NEON ) is a Sweden-based technology company specializing in optical sensing and gesture recognition. After dumping hardware, Neonode rebranded itself as a straight licensing shop, built around its zForce and MultiSensing tech. The idea is to wedge itselfI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller s ...