Vringo (VRNG) Volatility Rises as Shares Near 50-Day SMA

June 14, 2012 2:07 PM EDT Send to a Friend
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Vringo (AMEX: VRNG) shares are showing volatility as the stock hits intraday highs Thursday.

According to market data, option implied volatility on the session is up 10.2 percent from Wednesday's close.

Vringo shares are up about 8.8 percent on stronger volume.

Notably, shares are nearing the 50-day SMA at $3.42.


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