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SK Hynix shares rise on first day of US trading
The company opened at $170 a share, topping its IPO price of $149 as it debuted on the US market.
SK Hynix began trading in the United States, with shares starting at $170 per share, above its initial public offering price of $149, according to the New York Times Business.
The stock’s initial move marks another read on investor demand for artificial intelligence related companies, with market attention focused on how these listings are received on their first trading day.
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NYT BusinessSK Hynix Stock Rises on First Day of US Trading