VirnetX (VHC) +4.7% after a $368.2M jury verdict in its Texas suit against Apple (AAPL) is...

|About: VirnetX Holding Corporation (VHC)|By:, SA News Editor

VirnetX (VHC) +4.7% after a $368.2M jury verdict in its Texas suit against Apple (AAPL) is upheld. Apple's motions for a new trial and reduced damages were denied, and the company has been ordered to pay $330K in daily damages and $33.6K in daily interest up to final judgment. However, VirnetX's request for a permanent injunction was also denied; the companies have been given 45 days to "mediate over a license." VirnetX says it now plans to withdraw its ITC complaint against Apple.