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Patent plays move higher following Vringo verdict

Jan. 22, 2014 12:40 PM ETVirnetX Holding Corporation (VHC) StockGEG, VHC, QTRHFBy: Eric Jhonsa, SA News Editor2 Comments
  • Patent plays VirnetX (VHC +1.4%), Unwired Planet (UPIP +3.1%) and Wi-LAN (WILN +2.2%) have moved higher after Vringo was awarded a favorable verdict in its long-running infringement suit against Google, AOL, and other firms. A proposed Google workaround for a Vringo patent the search giant has been ruled to be infringing was rejected.
  • The group has been pressured by growing political, legal, and regulatory scrutiny of perceived patent trolls.

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