Daily Market Updates: SK Hynix shares slide after chipmaker scraps Solidigm IPO plans

S&P 5007,623.68▼0.5% Nasdaq25,955.34▼0.2% Dow52,215.16▼1.2% Russell 2K2,775.90▼0.3% 10-Yr4.99%+4bp VIX19.45+0.42 WTI$103.44▲4.0% Gold$4,010.00▼1.2% EUR/USD1.120▼0.3% BTC$80,550▼0.9% Nikkei62,908▼2.6%

At close · Sat, Oct 24, 2026

US Markets

Home›US Markets›Equities›SK Hynix shares slide after chipmaker scraps Solidigm…

SK Hynix shares slide after chipmaker scraps Solidigm IPO plans

Reported · Written up by our desk · Equities

SK Hynix has shelved plans for a potential U.S. IPO of Solidigm amid market volatility and share price concerns.

← Newer storyJapan core inflation in September surges to its highest this year at…Older story →China AI Model Stocks’ $150 Billion Drop Shows No Sign of Easing

More like this

US MarketsFrance’s Avoids a Debt Downgrade From Moody’s, but Is Given a Warning

US MarketsMoody's holds steady on France's credit rating as country grapples with turmoil and higher yields

US MarketsStocks, Pulled in Two Directions, Fall to End Volatile Week

US MarketsWhite House says the US is lifting tariffs on some Canadian goods

US MarketsStock Selloff Continues as Oil Surges

Sources

CNBC MarketsSK Hynix shares slide after chipmaker scraps Solidigm IPO plans

CNBC WorldSK Hynix shares slide after chipmaker scraps Solidigm IPO plans

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.