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).
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, after conducting the country's largest stock listing in three years.
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.
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 CNS set to debut on KOSPI as first major public offering of 2023
LG CNS, the first public offering giant this year, will list on the Korea Exchange market next week, right after the holiday. Attention is focused on whether it can inject vitality into the public offering market in the first half of the year.
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.
Bloomberg L.P.20d
LG CNS Said to Be Poised to Price IPO at Top of Marketed Range
LG CNS Co. is poised to price its initial public offering at the top of its marketed range, people familiar with the matter said, putting the deal on course to raise 1.2 trillion won ($823 million ...
Nikkei Asia13h
LG's artificial intelligence unit has lackluster market debut
SEOUL -- The artificial intelligence unit of South Korean conglomerate LG made its debut on Seoul's stock market Wednesday after completing the country's biggest initial public offering in three years ...
Tokyo tech IPO soars but Seoul deal tanks 10% in volatile Asian markets
SYDNEY/SEOUL, Feb 5 (Reuters) - Shares of a small Japanese technology firm shot up nearly 60% on its first day of trade on ...
The Korea Times15d
LG CNS IPO process gains traction
LG CNS’ initial public offering (IPO) is gaining traction, with the company setting its offering price at the high end of its desired price range. With subscriptions for retail investors set to open ...