VirnetX's stock rallies after court denied Apple a rehearing of patent infringement case [MarketWatch]
VirnetX Holding Corp (VHC)
NASDAQ:AMEX Investor Relations:
virnetx.com/investors/investor-relations
Company Research
Source: MarketWatch
VirnetX's stock rallies after court denied Apple a rehearing of patent infringement case Shares of VirnetX Holding Corp. VHC, +16.08% rallied 4.8% in morning trading Tuesday, after the internet security software and technology company said Apple Inc. AAPL, +0.22% was denied a rehearing of a patent-infringement case, in which Apple was found to have infringed on to VirnetX patents. The U.S. Court of Appeals for the Federal Circuit affirmed the finding that Apple's VPN-on-Demand feature infringes on two VirnetX patents, but reversed the finding that Apple's FaceTime feature infringed on patents. The Federal Circuit court remanded the case to the district court to assess whether a new trial was required on damages, given the reversal of the finding on FaceTime, VirnetX said, but the court noted that Apple had sold 418 million units that included 384 million units having both FaceTime and VPN on Demand and 34 million units having only FaceTime. "We are extremely pleased with the Fed
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VHC
News
- VirnetX Announces New Chief Technical OfficerPR Newswire
- VirnetX To Webcast Company Update With CEO Kendall Larsen [Yahoo! Finance]Yahoo! Finance
- VirnetX To Webcast Company Update With CEO Kendall LarsenPR Newswire
- VirnetX Holding Third Quarter 2024 Earnings: US$1.07 loss per share (vs US$1.36 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- We're Keeping An Eye On VirnetX Holding's (NYSE:VHC) Cash Burn Rate [Yahoo! Finance]Yahoo! Finance
VHC
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form 4
- 11/14/24 - Form 4
- VHC's page on the SEC website