VirnetX Stock Soars 71% on Major Government Contract – What’s Next for VHC?
VirnetX shocked the market with an eye-popping rally on October 17, 2025, after unveiling a significant government deal. The Nevada-based cybersecurity firm announced it won a General Services Administration Multiple Award Schedule contract late Thursday, and by Friday’s open the stock exploded upward stocktwits.com. Shares opened 71% higher and briefly touched a level not seen in over two years stocktwits.com. The exuberance was directly tied to the GSA news, which investors interpreted as a game-changer for VirnetX’s federal business prospects.