After a volatile day featuring trading volume over 5x higher than average, Vringo VRNG closed with big losses, as trading ended without a Google settlement announced. A short-lived afternoon rally was attributed to a report of a settlement that would up being discredited, though some remain intrigued by the fact the Vringo-Google trial (set for an Oct. 16 start) no longer appears on a court docket. The fact Vringo's stock offering closed today may have contributed to the volatility.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.