On the afternoon of the 19th, LG Innotek (011070) is showing a sharp decline, shaking off the strong momentum it had maintained through the previous trading day.

As of 2:09 p.m. on this day, LG Innotek's stock price is trading at 1,147,000 won, down 136,000 won (-10.60%) from the previous trading day. Previously, LG Innotek had finished higher for four consecutive trading days from the 15th to the 18th, maintaining a strong upward trend.

Even in the early trading session that day, a surge in buying pushed the price up to 1,325,000 won intraday, but a flood of profit-taking sell orders followed, triggering a sharp reversal into decline.

Around the same time, the broader domestic stock market is also losing its early strength and fluctuating. The KOSPI broke through the 9,300 level intraday in an attempt to set a new all-time high, but surrendered most of its gains and retreated to the early 8,900 level, turning bearish.

Amid widening market volatility, profit-taking sell orders are being actively unloaded from stocks that have recently surged over the short term. Accordingly, LG Innotek is also undergoing a correction, widening its decline from the intraday high.

[※ Investment decisions are the responsibility of the individual investor, and the information contained in this article may change depending on market conditions.]