Domino’s shares plummet after company drops injunction against publication of critical GPS tracker film
The film was made by a former communications student and the focus of an injunction filed last week by Domino’s which was today lifted by the NSW Supreme Court.
The injunction, which prohibited publication of the film, was granted a week ago. The film made by Phoebe Stuart-Carberry alleged Domino’s had breached technology patents supposedly owned by Precision Tracking, formerly a contractor to the company.
Domino’s shares dropped 6.59% to $54.81 today following the removal of the injunction.