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Record 20.4% move in 3Q for Public IP company stock index (PIPX)

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Public IP licensing companies (PIPCOs) are very much alive and some company shares are doing surprisingly well, despite increased obstacles to patent licensing.   PIPX reported a 20.4% gain for the 3Q vs. just 3.3% for the S&P 500. It was the PIPX’s best performance since the index began tracking IP licensing companies in 2011. The PIPX is a capitalization-weighted, price-return measure of the change in value of this segment of publicly traded companies. ...

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