Business
Vonage stock spiking now: I think this portends favorable ruling in patent dispute
Just about 15 minutes ago, Vonage's stock price spiked 30%.This after holding steady for several days.
![zd-defaultauthor-russell-shaw.jpg](https://www.zdnet.com/a/img/resize/aab0ecb7fa6229ddd570d9e60960c37cdb96c2ed/2014/12/04/3c90fefa-7b70-11e4-9a74-d4ae52e95e57/zd-defaultauthor-russell-shaw.jpg?auto=webp&fit=crop&frame=1&height=192&width=192)
![vonagespike04-24-07.jpg](https://www.zdnet.com/a/img/2014/10/04/01700aca-4ba0-11e4-b6a0-d4ae52e95e57/vonagespike04-24-07.jpg)
Just about 15 minutes ago, Vonage's stock price spiked 30%.
This after holding steady for several days.
I've been at this a long time. 30% swings don't happen in a vacuum. Investors hate uncertainty. This means that word may have gotten back from the courtroom that today's two hours of testimony was heard by a Judge who seemed to go along with Vonage's arguments.
Financial analysts are good at reading faces, you know. Even judge's faces.
My best guess is that after the market closes a little less than two hours from now, it will be announced that Vonage has been granted a permanent stay that will allow it to sign up new customers for the duration of the patent dispute appeals process with Verizon.