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home / news releases / LPL - LG Display: Positive Earnings Results Overshadowed By The Need For Cash

LPL - LG Display: Positive Earnings Results Overshadowed By The Need For Cash

LG Display Co Ltd AMERICAN DEPOSITORY SHARES

2024-01-28 00:26:50 ET

Summary

  • LPL reported its first profit in almost two years, but LPL is likely to fall into the red as soon as the next report.
  • LPL has been forced to raise cash due to losses, which is set to continue with LPL set to issue a huge number of shares in 2024.
  • LPL has become a bet on OLED technology, but the race for supremacy in the display market remains wide open.
  • Long LPL does not look warranted given the circumstances, but short LPL does not look all that appealing either.

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For further details see:

LG Display: Positive Earnings Results Overshadowed By The Need For Cash
Stock Information
Company Name: LG Display Co Ltd AMERICAN DEPOSITORY SHARES
Stock Symbol: LPL
Market: NYSE
Website: lgdisplay.com
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