Price Don’t Lie: Could VirnetX Holding Corporation Crash Even More? The Stock Had Another Big Decline Today

Price Don't Lie: Could VirnetX Holding Corporation Crash Even More? The Stock Had Another Big Decline Today

The stock of VirnetX Holding Corporation (NYSEMKT:VHC) is a huge mover today! About 142,751 shares traded hands. VirnetX Holding Corporation (NYSEMKT:VHC) has declined 13.94% since March 11, 2016 and is downtrending. It has underperformed by 19.40% the S&P500.
The move comes after 6 months negative chart setup for the $214.06M company. It was reported on Oct, 14 by Barchart.com. We have $3.23 PT which if reached, will make NYSEMKT:VHC worth $27.83M less.

Analysts await VirnetX Holding Corporation (NYSEMKT:VHC) to report earnings on November, 14.

According to Zacks Investment Research, “VirnetX Holding Corporation is engaged in developing products for real-time communications such as Instant Messaging and Voice over Internet Protocol, commercializing its patent portfolio and providing contract research, prototyping, systems integration and technical services.”

More notable recent VirnetX Holding Corporation (NYSEMKT:VHC) news were published by: Fool.com which released: “Why VirnetX Holding Corp. Stock Skyrocketed Today” on October 03, 2016, also Fool.com with their article: “Why VirnetX Holding Corp. Stock Plummeted Today” published on August 01, 2016, Ibtimes.com published: “VirnetX Holding Corp. (VHC) Stock Soars After $626M Patent Judgment Against …” on February 04, 2016. More interesting news about VirnetX Holding Corporation (NYSEMKT:VHC) were released by: Fool.com and their article: “Why VirnetX Holding Corporation Stock Skyrocketed Today” published on June 14, 2016 as well as Fool.com‘s news article titled: “Why VirnetX Holding Corp. Stock Popped Plunged 17.7% in June” with publication date: July 13, 2016.

VHC Company Profile

VirnetX Holding Corporation, incorporated on March 30, 2007, is an Internet security software and technology Company with a technology for secure communications, including fourth-generation (4G) long term evolution (LTE) security. The Company’s software and technology solutions, including its secure domain name registry and GABRIEL Connection Technology, are designed to facilitate secure communications and provide the security platform required by Internet applications, such as instant messaging (IM), voice over Internet protocol (VoIP), mobile services, streaming video, file transfer, remote desktop and machine-to-machine (M2M) communications. The Company’s portfolio is primarily focused on securing communications over the Internet, as well as related services, such as the establishment and maintenance of a secure domain name registry. The Company’s methods also have additional applications in the areas of device operating systems and network security for Cloud services, M2M communications in the initiatives, such as Smart City, Connected Car and Connected Home.

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