[Special Stock] LG Energy Solution Falls Ahead of 3-Month Lock-Up Release

[Asia Economy Reporter Hwang Yoon-joo] LG Energy Solution is showing weakness one day before the 3-month lock-up period expires.

As of 10:40 AM on the 26th, LG Energy Solution is trading at 419,000 KRW, down 3.23% (14,000 KRW) compared to the previous trading day.

LG Energy Solution's 3-month mandatory lock-up shares will be released tomorrow (27th). The released volume is 1,872,911 shares. It is interpreted that investor sentiment has weakened due to concerns that a large volume of shares held by institutions could flood the market and pull down the stock price as a result of the lock-up expiration.

In July, about 9,960,000 shares under a 6-month mandatory lock-up will also be released.

Previously, on February 28th, when the 1-month mandatory lock-up shares were released, LG Energy Solution's stock price fell by 1.9%.

This content was produced with the assistance of AI translation services.