Microsoft Up on Court Ruling - TheStreet

Microsoft Up on Court Ruling

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Updated from 11:48 a.m.

Microsoft

(MSFT) - Get Report

resumed trading up 4.5% at 2:50 p.m. EST. Shares were halted up 5.4% at 11:35 a.m. as a U.S. Appeals court reversed in part a ruling that the company violated anti-trust laws.

The case was sent back to a lower court and a different judge. Shares of Microsoft rivals

AOL

(AOL)

,

Red Hat

(RHAT)

and

VA Linux

(LNUX)

were all down after the unanimous decision.

However, media software company

RealNetworks

(RNWK) - Get Report

said the decision has "no direct bearing" on the RealNetwork's success.

AOL was down 0.6%, Red Hat was down 3.2%, VA Linux was down 21% and RealNetworks was down 4.1%.