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Home›Global Markets›Asia›SK Hynix shares plunge after blockbuster Nasdaq debut

SK Hynix shares plunge after blockbuster Nasdaq debut

Shares in Seoul fell more than 15% on Monday following the chipmaker's Nasdaq debut.

Reported · Written up by our desk · Asia

SK Hynix Inc. shares dropped sharply in South Korea on Monday, declining more than 15% in Seoul after the company debuted on Nasdaq to strong market attention.

CNBC Markets reported the selloff marks SK Hynix's worst day in the period following that debut, with the stock giving back some of the early gains tied to the listing.

Latest closeNasdaq Comp. 26,281.61 ▲0.3%

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Sources

CNBC MarketsSK Hynix South Korean shares clock worst day, sinking over 15%, after stellar Nasdaq debut
CNBC WorldSK Hynix South Korean shares clock worst day, sinking over 15%, after stellar Nasdaq debut

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