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SK Hynix ADR Falls 9.32% to $152.35 on July 13, Erasing Most of First-Day Gains

2026-07-14 02:37:58

SKHY-8.78%

SK Hynix's American Depositary Receipt (ADR) on Nasdaq fell 9.32% to $152.35 on July 13, wiping out most of the gains from its debut two days earlier. The stock opened at $170 on July 10, surging 12.76% on its first trading day, but retreated by approximately 82% of those gains in the following session. The ADR is now trading just $3.35 above its $149 offering price. Market analysts attribute the sharp reversal to limited initial liquidity and short-term supply-demand effects rather than a fundamental revaluation of the company's worth.

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In-Depth Analysis

SK Hynix ADR stock plummeted 9.32% on its second day of trading, erasing the gains from the first day.

Market Whisper4h ago

SK Hynix Stocks Drop 15.37% After ADR Listing, KOSPI Falls Below 6,800

Lucas Bennett10h ago

SK Hynix ADR Listing Signals 8-18% Upside Potential for Korean Stocks

Lucas Bennett07-13 05:39

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