SK Hynix Raises $26.5 Billion in Second-Biggest Share Sale Ever
South Korean memory-chip company SK Hynix raised $26.5 billion through an IPO on the Nasdaq, marking one of the largest share sales ever and the biggest first-time U.S. listing by a foreign firm since Alibaba's 2014 debut. The offering was oversubscribed sevenfold with strong investor demand.
Topics: IPO Nasdaq SK Hynix stock market