VirnetX Holding (VHC) option implied volatility elevated into patent infringement case win vs. Apple (AAPL)

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Go back to VirnetX Holding (VHC) option implied volatility elevated into patent infringement case win vs. Apple (AAPL)

VirnetX (VHC) Wins $502.6 Million in Federal Case vs Apple (AAPL)

April 11, 2018 6:21 AM EDT

VirnetX Holding (NYSE: VHC) won $502.6 million against Apple (NASDAQ: AAPL) after a federal jury in Texas said Apple was infringing patents for secure communications, according to a report from Bloomberg. The jury said Apple infringed four communications patents.

Shares of VirnetX were set to open higher by 42% Wednesday morning.

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