Light & Wonder Settles $190M Lawsuit with Aristocrat, Shares Surge 16%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 12 2026
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Source: NASDAQ.COM
- Stock Surge: Light & Wonder's shares soared nearly 16% after settling a $190 million lawsuit with Aristocrat Leisure, indicating strong market optimism regarding the company's future prospects.
- Contract Approval: PWR Holdings announced a $9.1 million follow-on defense and aerospace contract, with shares rising almost 6%, reflecting the company's competitiveness and growing market demand in government projects.
- FDA Clearance: Imricor Medical Systems' Vision-MR Diagnostic Catheter received FDA clearance, leading to a share price increase of over 17%, significantly enhancing its sales potential in the U.S. market and strengthening its position in the biotechnology sector.
- Market Dynamics: The Australian dollar is trading at $0.670, reflecting the stability of the Australian economy, which may positively impact investor confidence and market liquidity.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
