SK Hynix Stock Drops Record 15% After Nasdaq Debut
SK Hynix's stock fell a record 15.4% on its first trading day in Seoul following its successful Nasdaq debut, which raised $26.51 billion—the largest share sale by a non-U.S. company. The decline was attributed to profit-taking and disappointment over the ramp-up of HBM4 volumes.
Tickers: $SKHYV
Topics: ADR pricing Kospi index decline Nasdaq listing SK Hynix