LG Display (LPL) Shares Surge Amid Market Volatility

Dec 23, 2024

LG Display Co Ltd (LPL, Financial) experienced a significant stock price increase of 5.30%. The stock is currently trading at $3.38 per share with a trading volume of 136,054 shares, a turnover rate of 0.01%, and a price fluctuation of 3.74%. Recent financial reports show the company generated $5.026 billion in revenue, but reported a net loss of $262 million, with earnings per share at -$0.26 and a gross profit of $572 million. The price-to-earnings ratio stands at -2.60.

Among 11 rating institutions, 64% recommend buying, 18% suggest holding, and 18% advise selling. In the consumer electronics industry, where LG Display operates, the overall decline is 0.17%. Other notable stocks include Algorhythm Holdings, Inc. and Wearable Devices Ltd., showing significant activity and price fluctuations.

LG Display, headquartered in South Korea, specializes in developing and selling TFT-LCD and OLED display panels, with significant revenue from overseas markets.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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