Technology · 2 sources covering this

SK Hynix ADRs Tumble in Second Trading Day After Korea Selloff

An AI-fueled stock rout in South Korea spilled over into the US market Monday, as SK Hynix Inc. American depositary shares fell as much as 9.3%, underscoring growing investor concerns that the boom is overextended. The decline brought ADRs to trade just a few dollars above the $149 level where they priced last week ahead of their trading debut. Memory and storage peers in US dropped across the board, with Micron Technology Inc., Sandisk Corp., and Western Digital Corp. shares all falling more t…

Share:X WhatsApp Reddit Facebook LinkedIn Open ↗

Coverage spectrum

2 L · 0 C · 0 R

How 2 sources are covering this

BloombergLean L·6h ago
SK Hynix ADRs Tumble in Second Trading Day After Korea Selloff
An AI-fueled stock rout in South Korea spilled over into the US market Monday, as SK Hynix Inc. American depositary shares fell as much as 9.3%, underscoring growing investor concerns that the boom is overextended. The decline brought ADRs to trade just a few dollars above the $149 level where they priced last week ahead of their trading debut. Memory and storage peers in US dropped across the board, with Micron Technology Inc., Sandisk Corp., and Western Digital Corp. shares all falling more t…
Read at Bloomberg →
BloombergLean L

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://statesidedaily.com/embed/cluster/236d908d86c0127915541934ddcac2d9207f9478"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="SK Hynix ADRs Tumble in Second Trading Day After Korea Selloff"></iframe>

SK Hynix ADRs Tumble in Second Trading Day After Korea Selloff

How 2 sources are covering this

SK Hynix ADRs Tumble in Second Trading Day After Korea Selloff

More from Technology

Please let this hot pink Pixel 11 leak be real

Sam Neill Inspired a Generation of Scientists

SK Hynix ADRs Tumble in Second Trading Day After Korea Selloff

Jim Cramer says tech remains the market's best place to find big winners despite recent struggles

Siri AI Is Becoming Apple’s Everything Tool

Reader

Trust & legal

Across the network