Why VirnetX Holding Stock Jumped Monday
Shares of internet security software company VirnetX (NYSEMKT: VHC) jumped on Monday, even as the market fell sharply. Shares rose as much as 18.3%. As of 12:50 p.m. EST, however, the stock was up 11.5%.
The stock's gain follows a decision by the U.S. Supreme Court to deny Apple's (NASDAQ: AAPL) petition for a writ of certiorari to review the judgment of a previous ruling in a case between VirnetX and Apple.
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Source Fool.com
