After a volatile day featuring trading volume over 5x higher than average, Vringo (VRNG -18%)...
After a volatile day featuring trading volume over 5x higher than average, Vringo (VRNG -18%) closed with big losses, as trading ended without a Google settlement announced. A short-lived afternoon rally was attributed to a report of a settlement that would up being discredited, though some remain intrigued by the fact the Vringo-Google trial (set for an Oct. 16 start) no longer appears on a court docket. The fact Vringo's stock offering closed today may have contributed to the volatility.
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