Why LG Display Stock Jumped 13% This Week
LG Display (NYSE: LPL) shareholders beat a rising market this week, with the stock rising 13% through late trading on Thursday afternoon. The tech specialist announced third-quarter sales early in the week that were better than many investors had expected.
Revenue rose 7% in the three-month period that ended in late September, LG Display announced on Wednesday. That increase reflected continued strong demand for its display products, especially OLED panels for TVs and displays for smartphones.
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Source Fool.com
