After filing for blockbuster Nasdaq listing, SK Hynix surges 11%
Corroborated by 2 sources from 2 publishers
globalgeneral8h ago
TL;DR
SK Hynix Surges 12% as US Listing Plan Boosts Valuation Hopes Shares of South Korean chip giant SK Hynix surged as much as 11% on Thursday after the company said it plans to raise as much as $29.4 billion in a U.S. stock market listing. Trading is expected to begin July 10, although the company said the timetable remains subject to change.