SK hynix (KRX:000660) plunge erases value equal to four pending ADR offerings in a single session
SK hynix plunged 8.36% Friday, wiping out 173.9 trillion won in equity value—almost four times its planned 45.45 trillion won Nasdaq ADR issue—amid a KOSPI rout that triggered circuit breakers for the second time in a week, with extreme volatility and retail buying setting up a high-stakes Monday open.