Article
SK Hynix ADRs Set To Open At $181, Well Above Offering Price
SK Hynix ADRs Set To Open At $181, Well Above Offering Price
Summary:
SK Hynix's ADRs Set to Open at $181, 22% Premium Above $149 Offering Price
SK Hynix ADRs Priced At 3% Premium As Wall Street Readies Wave Of Leveraged ETFs
SK Hynix's ADRs Set to Open At Premium
SK Hynix's ADRs, trading under the temporary ticker SKHYV, are indicated to open at $181 per share, 22% above their $149 offering price. The strong opening suggests robust investor demand for the world's leading supplier of high-bandwidth memory.
As noted earlier, SK Hynix sold 177.9...
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