💨 Abstract

LG CNS, an IT, cloud, and AI services provider in South Korea, experienced a decline in its share price during its trading debut on Wednesday, falling below the initial public offering price. The company raised 1.2 trillion won ($827.1 million) through its IPO, marking the largest stock listing in South Korea in three years. This IPO was the largest since LG Energy Solution's in 2022.

Courtesy: theprint.in

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