Star Scientific (STSI) lost a third of its value in furious trading Monday after the tobacco company lost a patent case.

The Chester, Va., company said it will consider selling some or all of its tobacco-curing barns in the wake of a setback in its litigation against Reynolds ( RAI).

Star also said it will appeal a ruling that found its tobacco-curing process patents "fatally indefinite."

Shares fell 56 cents to $1.14 as 11 million shares changed hands.

More from Markets

Dow Rises for First Time in 9 Days, Oil Soars as OPEC Agrees to Boost Output

Dow Rises for First Time in 9 Days, Oil Soars as OPEC Agrees to Boost Output

Amazon's Big Weakness in the Supreme Court Sales Tax Ruling

Amazon's Big Weakness in the Supreme Court Sales Tax Ruling

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Tesla's Automotive Gross Margins May Be Overstated, Analysts Suggest

Tesla's Automotive Gross Margins May Be Overstated, Analysts Suggest

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices