Vringo (VRNG -5.3%) is slipping on the second day of its big trial against Google. Shares are...
Vringo (VRNG -5.3%) is slipping on the second day of its big trial against Google. Shares are down 22% from their Oct. 9 high, but still well above where they were before Google's request for a summary judgment was denied. SA's Steve Kim recently estimated the trial is set to last roughly 2 weeks, and noted Vringo is aiming for the moon by seeking a royalty rate of 3.5% on Google AdWords revenue.
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