LG CNS Makes Weak Debut in South Korea

LG CNS Makes Weak Debut in South Korea After IPO
The information-technology services affiliate of conglomerate LG Group raised around $825 million in South Korea’s biggest listing in three years.
LG’s IT Services Affiliate Slumps In Seoul Debut After $825 Million IPO
LG CNS, the information technology services affiliate of South Korean billionaire Koo Kwang-mo ’s LG Group, slumped almost 10% in its stock market debut in Seoul on Wednesday. The company ended the day with a market cap of 5.4 trillion won (about $3.7 billion).
LG CNS Set to Debut After South Korea’s Biggest IPO Since 2022
LG CNS Co., the diversified technology-services unit of South Korea’s LG Group, is set to make its market debut in Seoul after completing its 1.2 trillion won ($821 million) initial public offering, the nation’s largest since 2022.
South Korean tech services firm LG CNS drops in market debut
South Korea's LG CNS shares fell from the initial public offering (IPO) price in their trading debut on Wednesday, as the country's largest stock listing in three years failed to arrest the recent trend of weak debuts.
Top Korea Listing in Years Flops in Debut as IPO Fever Cools
South Korea’s biggest new listing in more than two years got off to weak start as LG CNS Co. fell on its Seoul trading debut after a 1.2 trillion won ($821 million) initial public offering.Most Read f
S.Korean tech services firm LG CNS falls in stock market debut
South Korea's LG CNS shares fell from the initial public offering (IPO) price in their trading debut on Wednesday, after conducting the country's largest stock listing in three years.
LG Electronics launches StanbyME 2 in South Korea, priced at 1.29 million won
LG Electronics announced on the 2nd that it will officially launch the 'LG StanbyME 2' in the domestic market.
South Korea’s top listing in years flops in debut as IPO fever cools
SOUTH Korea’s biggest new listing in more than two years got off to weak start as LG CNS fell on its Seoul trading debut after a 1.2 trillion won (S$934 million) initial public offering. Read more at The Business Times.
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LG acquires majority stake in Bear Robotics
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LG Energy Solution Releases 2024 Financial Results
For the full year, the company reported KRW 25.6 trillion in consolidated revenue and KRW 575.4 billion in operating profit, a year-on-year decrease of 24.1 percent and 73.4 percent, respectively. The ...