SK Hynix Drops 10% After Hit, Here’s What’s Next for Traders
SK hynix plunged 9.92% to 2,070,000 won Friday, capping a 12% five-day slide after a record high, as tech stocks sold off globally and a “sidecar” halt hit Seoul trading; investors now face a key test of confidence in the AI-memory trade, with the stock’s future hinging on HBM demand, U.S. chip sector moves, and details of a planned U.S. ADR listing, which remains under SEC review.