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VirnetX +12.5% as Supreme Court won't hear Apple appeal

Feb. 24, 2020 9:59 AM ETVirnetX Holding Corporation (VHC) StockAAPL, VHCBy: Brandy Betz, SA News Editor18 Comments
  • The U.S. Supreme Court won't consider Apple's (NASDAQ:AAPL) appeal of patent damages awarded to VirnetX (NYSEMKT:VHC).
  • Apple argued that the $439M judgment from the first of two patent cases was "grossly excessive" and should be tossed because the patents involved were found invalid by the Patent and Trademark Office.
  • VHC shares are up 12.5% to $5.60.

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