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VHC

VirnetX

$5.00 /

+ (+0.00%)

, AAPL

Apple

$313.02 /

+ (+0.00%)

09:44
02/24/20
02/24
09:44
02/24/20
09:44

VirnetX jumps after Supreme Court denies appeal attempt by Apple

Shares of VirnetX (VHC) jumped after the U.S. Supreme Court refused to consider Apple's (AAPL) appeal of an up to $1B patent award. Apple argued that a $439M judgment from the first of two cases brought by VirnetX was "grossly excessive" and should be thrown out because the U.S. Patent and Trademark Office, in separate proceedings, ruled that the patents at the heart of the dispute are invalid, Bloomberg points out. Shares of VirnetX are off the day's highs but remain up 8% to $5.40 in early trading. Reference Link

VHC

VirnetX

$5.00 /

+ (+0.00%)

AAPL

Apple

$313.02 /

+ (+0.00%)

  • 26

    Feb

VHC VirnetX
$5.00 /

+ (+0.00%)

AAPL Apple
$313.02 /

+ (+0.00%)

02/19/20 Credit Suisse
Credit Suisse views Apple Q1 shortfall as primarily transitory
02/18/20 DA Davidson
Apple price target lowered to $370 from $385 at DA Davidson
02/18/20 Bernstein
Apple Q2 revenues could be less than $60B, says Bernstein
02/18/20 Baird
Apple weakness a buying opportunity, says Baird

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