r/stocks — SK Hynix tumbles 15% in Seoul AFTER a record Nasdaq ADR debut ($26.5B, 7x oversubscribed, ADR +13%)

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r/stocks — SK Hynix tumbles 15% in Seoul AFTER a record Nasdaq ADR debut ($26.5B, 7x oversubscribed, ADR +13%)

· u/ThePrivateBanker

Source: View source · u/ThePrivateBanker · reddit

Why it's worth your time

The context that reframes today's memory selloff. The -15% in Seoul is not a demand verdict — it follows SK Hynix's record Nasdaq ADR debut (SKHY, priced $149, $26.5B raised, largest-ever US listing by a foreign company, 7x oversubscribed, closed debut +13% at $168.01) and a ~260% YTD run. Our tape confirms the arbitrage: SKHY -6.6% vs Seoul -15%. Read the drop as listing mechanics plus a timing downgrade, not a broken thesis.

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