Signal of a Rebound Next Week? SK hynix Scores ADR Listing Bonanza
SK hynix's Nasdaq ADR debut surged more than 13% to close at $168.49, sparking hopes for a rebound in Korea's KOSPI after a nearly month-long correction.
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The ADRs were priced at US$149 each, opened at US$170, or 14% above the offer price, and ended their first day up 12.8%.
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SK Hynix (SKHY) ADRs Surge 6% as U.S. Market Values Company 26% Above Korean Listing
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SK Hynix ADR soars +21% over Korean shares.
SK Hynix’s ADR premium stock SKHY rebounds +21% since its debut, while its Korean shares dipped -14% on Tuesday. Explore more premium news a
SK Hynix ADRs Plunge 9.32% as Investors Take Profits Post Listing
SK Hynix ADRs fell 9.32% as investors took profits after its record Nasdaq debut. The chipmaker's shares, trading as SKHY, settled at USD 15
SK Hynix stock opens at $170 on Nasdaq after $26.5 billion ADR offering
The South Korean chipmaker's ADRs priced at $149 and rose 14% on their first day of trading, in the largest-ever U.S. listing by a foreign c
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