APR 26·MarketBeat→
LG Display Co., Ltd. (NYSE:LPL) Short Interest Down 49.0% in April
Short interest in LG Display Co., Ltd. (NYSE:LPL) significantly decreased by 49.0% in April, totaling 1,170,853 shares, which represents about 0.1% of its shares. The short-interest ratio is now 0.4 days based on average trading volume. The company holds a "Reduce" consensus rating from analysts, though some institutional investors have increased their stakes.
APR 3·THE ELEC, Korea Electronics Industry Media→
UK Appeals Court Reassesses LG Display Damages in LCD Cartel Case
A UK Court of Appeal has overturned the methodology for calculating damages in a liquid crystal display (LCD) price-fixing case involving LG Display, a move expected to increase the compensation amount. The court found errors in the lower court's approach, adjusting overcharge rates and pass-through rates, stating that under-compensation due to uncertainty was a "clear error of law." This decision mandates a recalculation, which will likely result in higher damages for LG Display stemming from a global cartel active from 2001 to 2006.