LG Electronics Shares Rise as Robot Vertical Integration Hopes Lift MK Signal Gain to 38.98%

LG Electronics (066570) moved higher in early trading on May 13. As of 9:12 a.m., the stock was trading at 186,200 won, above the previous session’s closing price of 180,500 won. The move was linked to investor attention on expectations for vertical integration in the robot business and a possible reassessment of valuation. Since the MK Signal recommendation, the stock has recorded a gain of 38.98%. With these figures in focus, market attention remains on LG Electronics’ robot business direction and the possibility of a stock valuation rerating. Source: mk.co.kr