Radar Movers: Apple Infringed on Samsung’s Patents, GM and Verizon Dodge Market Decline
Despite an overall down day in the markets, shares of General Motors (NYSE:GM) jumped 1.6 percent and continued to edge higher in late afternoon hours. After being kicked off the S&P 500 index and receiving billions of dollars from taxpayers, the automaker will rejoin the index, replacing Heinz. Companies listed on the S&P are heralded as industry leaders, according to the index’s website. Shares of Ford Motor (NYSE:F) edged slightly lower.