Memory chip giant SK Hynix plunged further in South Korea on Monday, just one trading day after its successful debut on the Nasdaq. Shares listed on the Korea Stock Exchange closed down 15.4% (the steepest drop in the stock’s history) as investors locked in profits after a months-long rally and the company’s closely watched ADR
Popular South Korean chip stock SK Hynix plunged on Wednesday as a sell-off in AI semiconductor stocks overshadowed investor enthusiasm ahead of the memory giant’s debut on Nasdaq later this week. The stock fell along with its semiconductor peers, including Samsung Electronics, despite demand for SK Hynix’s upcoming U.S. listing, which is several times oversubscribed,
South Korea’s breakneck stock market rally has been rocked by wild swings in recent weeks, but Goldman Sachs says the recent turmoil has not changed its bullish outlook. South Korea was Asia’s best-performing stock market in the first half of 2026, with the benchmark Kospi index nearly doubling. But that rally has come under pressure
