Shares in LG Energy Solution jumped 68% after the maker of electric-vehicle batteries raised about $10.6 billion in South Korea's largest-ever IPO
Shares in LG Energy Solution Ltd. jumped 68% on their first day of trading, after the world’s No. 2 maker of electric-vehicle batteries raised about $10.
6 billionThe offering by LG Energy, which supplies batteries to Tesla Inc., General Motors Co. and Hyundai Motor Co., capitalized on investor appetite for key suppliers in the EV industry as well as electric-car makers themselves.
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