In Dec, ACTG had the similar situation where they lost the patent case. Stock dropped a lot. But the stock later covered.
The key is
1, Ciso case loss will be have impact on VHC business? Is that means later on can cause more infriagement problem?Can company still keep selling thier lisens to generate rev? How many existing patents they maintain?
2. With a stock down 40% in two days, panic released. With 38% short interest, stock is near the bottom.