by Son Seonhee
Published 20 Apr.2023 09:21(KST)
On the 20th, L&F is showing weakness.
As of 9:17 AM on the same day, L&F's stock price is trading at 321,500 KRW, down 4.60% from the previous day's closing price.
Recently, investor interest in secondary battery-related stocks has surged sharply in the domestic stock market, and L&F's stock price has nearly doubled since the beginning of this year. However, it appears to be taking a breather with a drop close to 5% on this day.
Following Tesla's announcement that profits have decreased by more than 20% due to its price reduction policy, the stock fell 4% in after-hours trading, raising concerns that this could negatively impact investor sentiment in the related secondary battery sector.
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