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SK Hynix stock jumps 4.4% after scrapping Solidigm IPO plans

Source: invezz.com

IPOs & SPACsCompany FundamentalsMarket Technicals & Flows
SK Hynix stock jumps 4.4% after scrapping Solidigm IPO plans

SK Hynix shares rose 4.4% on Friday after the South Korean chipmaker abandoned plans for a potential U.S. IPO of subsidiary Solidigm. The stock had fallen as much as 3% earlier in the session, then reversed higher despite broader market weakness.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20

Ticker Sentiment

SKHY0.20

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