SK Hynix ADR Falls Below Issue Price as Semiconductor Sector Faces Sell-off Wave
2 day ago / Read about 0 minute
Author:小编   

The price of SK Hynix's American Depositary Receipts (ADR) has dropped to a new low. Affected by investors selling off semiconductor stocks that had previously surged, the hype surrounding the record-breaking $26.5 billion IPO of this South Korean memory chip manufacturer rapidly cooled at the beginning of this month.