Shares of mobile app developer Vringo jumped nearly fifty percent on Monday after it was revealed that billionaire Dallas Mavericks owner mark Cuban had acquired a major stake in the company. In a filing with the SEC on Friday, Cuban disclosed ownership of 1.03 million outstanding shares, representing a 7.4% stake in the New York-based [...]
Mark Cuban Invests $2+ Million in Vringo, Shares Soar is a post from: The Inquisitr