Why SK Hynix Stock Just Crashed
SK Hynix stock had its worst day ever in its home market.
Overview
South Korean semiconductor giant SK Hynix (NASDAQ: SKHY) began trading in the U.S. market last Friday, and it had a successful debut. But that positive momentum was short-lived, and shares tanked today.
The stock plunged as much as 10%, and remained down by 6.3% as of 1:33 p.m. ET. Now investors want to know if it's time to buy or avoid the leading global memory-chip manufacturer.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.