Article content

VirnetX Gets U.S. Appeals Win in $440 Million Apple Patent Case

Intellectual property licensing firm VirnetX won an appeals court decision on collecting a $440 million judgment it won in its patent fight with Apple.

The U.S. Court of Appeals for the Federal Circuit set aside rulings by the U.S. Patent and Trademark’s Office’s Patent Trial and Appeal Board that invalidated claims in two VirnetX patents relating to secure communications technology that the company alleged were infringed by Apple’s iPhone.

The stock has gone nowhere since March 2019. The negative Twiggs Money Flow suggests the stock could chop out sideways longer. Price movement has been a little bit too volatile to find a nice entry and exit point. 

VHC stock does not meet the standards for adding to the long-term buy and hold GST portfolio at this time but a short-term swing trade may present itself.

Disclosure: I have no position in VHC stock.

VirnetX In the News