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Vringo (VRNG) Ticks Higher Following VirnetX (VHC) Decision

November 7, 2012 9:09 AM EST
Vringo, Inc. (AMEX: VRNG) shares are ticking higher Wednesday after getting hit about 10 percent Tuesday following its patent litigation.

This morning, VirnetX (AMEX: VHC) beat Apple in litigation regarding infringement on four VirnetX patents. The news might be a positive for Vringo moving forward as it looks to exercise its patent portfolio more fully.

Shares are up about 1.5 percent early.


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