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Benzinga
Benzinga
Business
Akanksha Bakshi

VirnetX Stock Skyrockets After Winning Big Government Cybersecurity Contract

Cybersecurity General Services Administration GSA
3d,Style,Backdrop,,Market,Trend,,Investment,Growth,,Green,Dynamic,Glowing

VirnetX Holding Corporation (NASDAQ:VHC) stock surged on Friday after securing a General Services Administration (GSA) Multiple Award Schedule contract, expanding its reach into federal cybersecurity and digital engineering work.

The stock extended its premarket rally after the open, as investors cheered the company's latest move into high-level government cybersecurity initiatives.

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