Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
30 July 1999Website:
http://www.virnetx.comNext earnings report:
09 August 2024Last dividends:
18 April 2023Next dividends:
N/APrice
regular market | Wed, 03 Jul 2024 13:30:00 GMTAnalysts recommendations
Institutional Ownership
VHC Latest News
Larsen to discuss 2023 activities and provide corporate roadmap for 2024 ZEPHYR COVE, Nev. , Nov. 6, 2023 /PRNewswire/ -- VirnetX Holding Corporation (NYSE: VHC), an Internet security software and technology company, today announced it will webcast a special fireside chat with CEO Kendall Larsen on November 17, 2023 at 9 a.m.
VirnetX (NYSE: VHC ) stock is falling hard on Tuesday and it looks like this is connected to a special dividend offered by the company. Today marks the payment of a special dividend for investors in VHC stock.
Shares of VirnetX Holding Corp. VHC, -13.82% have pulled a sharp about face Thursday, to tumble 14.0% in afternoon trading after rocketing as much as 57.6% at at its intraday high, after the internet security software company confirmed that an appeals court invalidated two patents, that were part of a patent litigation with Apple. The stock initially soared Thursday after the internet security software company declared a special cash dividend of $1 a share, said it had reached a cooperation agreement with certain shareholders to distribute 80% of any future proceeds from its patent litigation with Apple Inc. AAPL, +0.79% and said it was “confident” that it was close to a final outcome of the litigation.
What type of business is VirnetX Holding?
VirnetX Holding Corporation, through its subsidiary VirnetX, Inc., operates as an Internet security software and technology company primarily in the United States. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure communications over the Internet using zero trust network access. It also offers a portfolio of licenses and services, such as VirnetX One, a security-as-a-service platform that protects enterprise applications, services, and infrastructure from cyber-attacks; GABRIEL Connection Technology software development kit to assist with rapid integration of its techniques into existing software implementations; and War Room software that offers safe and secure video conferencing meeting environment where sensitive communications and data is invisible to those not authorized to view it. In addition, the company provides GABRIEL Collaboration Suite that enables seamless and secure cross-platform communications between users' devices. It serves domain infrastructure and communication service providers, and system integrators; and enterprise customers, developers, and original equipment manufacturers of chips, servers, desktops, smart phones, tablets, laptops, net books, and other devices in the IP-telephony, mobility, fixed-mobile convergence, and unified communications markets. The company was incorporated in 2005 and is headquartered in Zephyr Cove, Nevada.
What sector is VirnetX Holding in?
VirnetX Holding is in the Technology sector
What industry is VirnetX Holding in?
VirnetX Holding is in the Software Infrastructure industry
What country is VirnetX Holding from?
VirnetX Holding is headquartered in United States
When did VirnetX Holding go public?
VirnetX Holding initial public offering (IPO) was on 30 July 1999
What is VirnetX Holding website?
https://www.virnetx.com
Is VirnetX Holding in the S&P 500?
No, VirnetX Holding is not included in the S&P 500 index
Is VirnetX Holding in the NASDAQ 100?
No, VirnetX Holding is not included in the NASDAQ 100 index
Is VirnetX Holding in the Dow Jones?
No, VirnetX Holding is not included in the Dow Jones index
When does VirnetX Holding report earnings?
The next expected earnings date for VirnetX Holding is 09 August 2024