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SK Hynix Lists ADRs on NASDAQ, Elevating Global Status at the Heart of Capital Markets
The ADR debut gives U.S. investors direct access to SK hynix as demand for its high-bandwidth memory chips surges in the AI market.
Summary by PR Newswire
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3 Articles
SK Hynix entered the Nasdaq on the 10th (local time) through the listing of American Depositary Receipts (ADRs), closing with a surge of over 13% on its first trading day. Starting trading at $170 on the Nasdaq, SK Hynix soared to $177 at one point during the session before giving back some of its gains in the afternoon to close the first day at $168.49. This is approximately 13% higher than the ADR offering price ($149).
Coverage Details
Total News Sources3
Leaning Left0Leaning Right1Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
C 67%
R 33%
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