Vringo (VRNG) Jumps On Facetones News, Facebook IPO Craze
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Vringo, Inc. (Amex: VRNG) is moving higher after news its released a new version of Facetones customized for the latest mobile devices released by Nokia.
Shares of VRNG last traded at $1.44, up 24%.
News from the company today is not the only thing lifting shares. The stock surged 15% Monday on much heavier-than-normal volume as it was being picked-up as a Facebook (NYSE: FB) IPO play.
The company's Facetones™ app is integrated with Facebook and generates an automatic, visually exciting slideshow of photos displaying your friend's face and other social content each time you communicate with that friend using your mobile device.
Shares of VRNG last traded at $1.44, up 24%.
News from the company today is not the only thing lifting shares. The stock surged 15% Monday on much heavier-than-normal volume as it was being picked-up as a Facebook (NYSE: FB) IPO play.
The company's Facetones™ app is integrated with Facebook and generates an automatic, visually exciting slideshow of photos displaying your friend's face and other social content each time you communicate with that friend using your mobile device.
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