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LG Energy Solution debuts as Korea’s No. 2 company
LG Energy Solution debuts as Korea’s No. 2 company
MarketsJan 27, 2022
LG Energy Solution became South Korea’s second-most valuable company, as the electric vehicle battery maker began trading shares on the benchmark Kospi well above the initial public offering price of 300,000 won ($250) apiece on its debut Thursday. The shares closed at 505,000 won after hitting 598,000 won, falling short of reaching the daily price ceiling of 780,000 won.   But shares on the company’s market debut day put its market value at 118 trillion won, second only to Sam