🔴 SKHX is trading 2.6% down in after-hours trading after Solidigm IPO and funding plans remain undecided

SKHX is trading 2.6% down at $15.66 after SK hynix clarified that its U.S. NAND subsidiary Solidigm is reviewing competitiveness measures, with no specific pre-IPO funding or Nasdaq-listing decision made.

• The disclosure likely reduced expectations around the reported transaction, reversing part of SKHX’s 16.18% regular-session gain.
• SKHX remains highly active following the sharp session rally; the broader Nasdaq is down 0.65%.
• Confidence is medium: timing aligns with the decline, but no source explicitly attributes the ETF’s move to it.