LG Electronics IPO Grey Market Premium Rises as Stock Jumps 51% Post-Listing
LG Electronics India’s IPO has become a major talking point. On listing day, its shares leapt by about 50-51% from the issue price. Before the listing, the grey market premium (GMP) had already been climbing. That set the stage for a big surprise. In this article, we walk through the GMP journey, why the stock jumped, and what it means for investors and future IPOs.
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