March 14, 2013 at 15:44 PM EDT
VHC Plunges 32%: Loses VPN Suit Against Cisco, Says Bloomberg
Shares of patent holding company VirnetX Holding (VHC) are down $11.38, or 32%, at $24.29, following headlines from Bloomberg and others saying the company has lost its patent suit against Cisco Systems (CSCO) over technology for virtual private networks. VirnetX has been suing Cisco for $258 million for infringing patents VirnetX holds on VPNs given [...]
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