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