SK Hynix Inc.'s American depositary receipts have fallen below their initial public offering price, reaching a new low, after a record $26.5 billion debut earlier this month. The decline is part of a broader sell-off in semiconductor stocks that had previously been high-flying. This reflects investor sentiment turning against the semiconductor sector.
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SK Hynix's ADRs slumped to a new low after a $26.5 billion debut.
SK Hynix Inc.'s American depositary receipts slumped to a new low.
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SK Hynix Inc.'s American depositary receipts slumped to a new low.
BloombergSK Hynix Inc.’s American depositary receipts slumped to a new low after a record-setting $26.5 billion debut earlier this month as investors dump once-high flying semiconductor stocks.
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SK Hynix Inc.'s American depositary receipts slumped to a new low.
BloombergInvestors are dumping once-high flying semiconductor stocks.
OpinionThe debut was record-setting at $26.5 billion.
Bloomberg