SK Hynix plans to issue depositary receipts on the Nasdaq Global Select Market at $166 per share, aiming to raise about $29.4 billion.
According to Odaily, institutional analysts said U.S. investors buying at that price would be purchasing the stock at a discount.
The analysts expect SK Hynix’s share price could rise 20% and narrow its valuation gap with competitor Micron Technology.
STOCKS | SK Hynix Plans Nasdaq Depositary Receipt Offering at $166 Per Share
2026-06-26 12:54:35
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