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Published on 19 Nov 2021 on MarketWatch

LG Electronics stock rallies after media report on Apple car


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LG Electronics Inc.’s shares rallied Friday after a news report that Apple Inc. is accelerating plans for a battery-powered autonomous vehicle within four years.

LG Electronics’ gains reflect investor hopes that the South Korean company and its affiliates, which have long supplied parts to Apple could benefit from the Apple car project.

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