🔴 SK Hynix is trading 4.5% down today as investors unwind post-listing gains

SK Hynix is trading 4.5% down at $136.90 as investors continue to unwind last week’s sharp rebound and earlier post-US-listing gains.

• The move follows intense volatility surrounding the new US listing and profit-taking after a massive run-up in share price.
• There is no fresh company-specific news, with the decline attributed to broader sector-wide weakness in memory chip stocks.