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.

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There was a worry before I started this that I was going to burn every bridge I had. But I realize now that there are some bridges that are worth burning.

— Valleywag editor Sam Biddle