Samsung Shares Plunge After Patents Verdict
Shares of Samsung Electronics Co. fell sharply Monday, with analysts saying the company’s loss in its court battle against Apple Inc. in the U.S. increases uncertainty over the South Korean company’s future products.
The stock opened 6.8 percent lower, and at one point fell by as much as 7.7 percent to 1,177,000 won (US$1,037), the lowest intraday level in a month.
