[Special Stock] LG Energy Solution Drops 19% Sharply After Failing to Achieve 'Ttasang'

[Asia Economy Reporter Hwang Yoon-joo] LG Energy Solution continues to decline after failing to achieve 'ttasang' (opening price at twice the IPO price followed by hitting the upper price limit) on its first trading day.

As of 10:24 AM on the 27th, LG Energy Solution is trading at 483,500 KRW, down 19.01% compared to the previous trading day.

On the day of its listing, LG Energy Solution's opening price was set at 597,000 KRW, a 99% increase from the IPO price of 300,000 KRW, but it fell to as low as 450,000 KRW during the session.