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VirnetX (VHC +4.1%) rallies after announcing it received a favorable Markman ruling related to...

VirnetX (VHC +4.1%) rallies after announcing it received a favorable Markman ruling related to its patent suits against Cisco, Apple, NEC, and Aastra. Shares have been range-bound in recent months due to uncertainty about the outcome of VirnetX's legal disputes.
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  • mcheikin
    , contributor
    Comments (3) | Send Message
     
    The reason for the move on he stock is VHC announced it licensed certain of tis patents to Aastra, thus dismissing its suite against Aastra. A one time payment has not been disclosed.
    3 May 2012, 02:17 PM Reply Like
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