SK Hynix Jumps 13% on Record $26.5 Billion US Debut
Part of composite article SK Hynix Raises $26.5 Billion in Biggest-Ever Foreign US Stock Debut, Shares Jump 13% View full article →
SK Hynix Inc. surged 13% in its first day of trading on a US stock exchange. The South Korean chipmaker set a new record for the largest initial public offering (IPO) by a foreign company, raising $26.5 billion. The strong debut signals investor confidence in the global semiconductor market.